Spot market prices for US domestic HDG coil have continued to remain stable, although demand is better-than-average. Lead times for US HDG coil are “trending somewhere between 8 and 10 weeks,” sources note, adding that HDG is currently the strongest flat rolled steel product.
It’s further speculated that the reluctance of customers to accept higher US HRC prices may lead to a third flat rolled steel price increase, although many question whether market fundamentals would support full acceptance.
Current US HDG spot market prices are listed in the chart below.
| Product | $/cwt | $/mt | $/nt | Delivery | Weekly change |
| US domestic HDG base price | $41-$43 | $904-$948 | $820-$860 | ex-mill | neutral |
| US domestic Galvalume base price | $41-$43 | $904-$948 | $820-$860 | ex-mill | neutral |
| 0.019x41.5625 Gr80/AZ55 | $51-$53 | $1,124-$1,168 | $1,020-$1,060 | ex-mill | neutral |