Proposal to launch US Galvalume import prices

Fastmarkets proposes to launch two assessments, steel coil Galvalume import South Korean-made, ddp Gulf Ports, $/cwt and steel coil Galvalume import non-South Korean-made, ddp Gulf Ports, $/cwt.

These new launches will cover South Korean-made and non-South Korean-made Galvalume imported to the US. It will complement Fastmarkets’ existing domestic Galvalume prices. 

The proposed specifications are:

Steel coil Galvalume import South Korean-made, ddp Gulf Ports, $/cwt
Quality: AZ55 Acrylic Coated Galvalume steel sheet, 26 gauge, Structural Steel Grade 80, 0.018- inch thick x 43 inches wide
Quantity: Minimum 500 tons
Location: ddp Gulf Ports
Unit: US dollar per hundredweight
Publication: Monthly, third Tuesday, 4-5 PM EST
Notes: Standard packaging

Steel coil Galvalume import non-South Korean-made, ddp Gulf Ports, $/cwt
Quality: AZ55 Acrylic Coated Galvalume steel sheet, 26 gauge, Structural Steel Grade 80, 0.018- inch thick x 43 inches wide
Quantity: Minimum 500 tons
Location: ddp Gulf Ports
Unit: US dollar per hundredweight
Publication: Monthly, third Tuesday, 4-5 PM EST
Notes: Standard packaging

These prices will be a part of the Fastmarkets Steel Physicals Price package.

The consultation period for this proposed launch starts from Wednesday March 5 and will end on Friday April 12. The launch will take place, subject to market feedback, on Tuesday April 16.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Dan Hilliard/Rijuta Dey by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Dan Hilliard/Rijuta Dey re: Galvalume import pricing.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

Galvalume® is a registered trademark of BIEC International.

What to read next
Fastmarkets initially consulted on location of delivery, exact sizing and impurities of materials and payment terms following feedback that these parameters should be narrowed. But feedback from some market participants has been incomplete during the consultation period, requiring greater time to achieve clarity on these points. Furthermore, since the consultation launched, the UAE has announced a reverse […]
These changes are based partly on market feedback and on changes to regional production and SAF flows to Chicago and Los Angeles. Additionally, the calculations for feedstock production volume loss have been updated with market feedback. The new calculation assumes maximized SAF output at a hydrotreated esters and fatty acids (HEFA) production facility, and so […]
Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.
The MB-W-0002 tungsten concentrate 65% WO3, in-whs China was incorrectly published as 45,000-46,000 yuan per tonne due to a typo error. This has been corrected to 450,000-460,000 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of Fastmarkets’ ores and alloys physical price package. For more information or to provide […]
Fastmarkets wishes to clarify how conditional bids and offers are used in its CFR China iron ore price assessments.
Fastmarkets wishes to clarify that its iron ore fines pricing suite is priced in dry metric tonnes.