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
The prices were published at 3:59 pm UK time instead of the scheduled time of 2-3 pm UK time. The following price was published late:MB-STE-0149 steel scrap heavy scrap domestic, delivered mill China, yuan/tonne  These prices are a part of the Fastmarkets scrap package. For more information or to provide feedback on the delayed publication of […]
The publication of Fastmarkets’ iron ore indices for Friday June 20 was delayed due to a technical issue. Fastmarkets’ pricing database has been updated. The following indices were affected:MB-IRO-0191 61% Fe fines, cfr Qingdao, $/tonneMB-IRO-0008 62% Fe fines, cfr Qingdao, $/tonneMB-IRO-0144 62% Fe low-alumina fines, cfr Qingdao, $/tonneMB-IRO-0015 Iron ore 58% Fe fines, cfr Qingdao, […]
Fastmarkets proposes to discontinue its outright price assessments for mixed hydroxide precipitate (MHP).
The publication of Fastmarkets’ MB-ILM-0004 Ilmenite concentrate, 47-49% TiO2, cif China, $/tonne, MB-RUT-0001 Rutile 95% TiO2 min, large volumes for pigment, fob Australia, $/tonne and MB-RUT-0002 Rutile 95% TiO2 min, bagged, fob Australia, $/tonne price assessments for Thursday June 19 were delayed because of reporter error. Fastmarkets’ pricing database has been updated. The following prices […]
Due to a system error, the market price for June 2 was used twice in the calculation of the weekly average for AG-FML-0008 Feathermeal, fob US Delmarva Peninsula, $/short ton, resulting in an error. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect weekly average for May 31-June 6: $185-270 per short tonCorrect weekly average […]
Following preliminary discussions with the market and interrogation of data collected by Fastmarkets over recent months, Fastmarkets now proposes to assess and publish the price for ferro-niobium, 63-67%, delivered consumer works, dp Europe, on Wednesdays and Fridays, from the current basis of once weekly on Wednesdays. This more frequent price assessment will enable Fastmarkets to […]