November 22, 2008

American domestic HDG prices slide on weak demand

American hot dipped galvanized steel prices have dropped slightly. As per report the requirement for HGI has weakened in the past few weeks and the orders were not able to occupy the full production line. Current domestic price of 0.019" to 48"G90 are being offered at USD 1,521 to USD 1,565 per ton.

On the other hand, the import prices from Taiwan were offered by higher levels but it was not accepted by some buyers. Besides, India import price are rising, continuing its upward trend.

(Sourced from YIEH.com)