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 has launched its MB-NIO-0006 laterite ore with 1.3% Ni content, cif China price assessment on Friday April 12.
Fastmarkets will amend the frequency of its price assessments for MB-STE-0879 Steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea on Friday April 12.
Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document […]
Fastmarkets has corrected its MB-STE-0894 steel scrap HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $/tonne, which was published incorrectly on Wednesday April 10.
Fastmarkets is launching a 30-day consultation to relist its assessment of the MB-STE-0309 steel scrap machine shop turnings, consumer buying price, delivered mill Pittsburgh.
Fastmarkets has corrected its MB-CU-0302 copper scrap No1 copper, buying price, delivered to brass mill US, US cents/lb, which was published incorrectly on Tuesday April 9.