US Galvalume prices soar to 7th monthly record

Galvalume prices in the United States hit a record high for the seventh consecutive month thanks to ongoing tight supply and strong demand.

Fastmarkets’ monthly price assessment for steel coil Galvalume, fob mill US was at $98 per hundredweight ($1,960 per short ton) on Tuesday July 20, up by 8.29% from $90.50 per cwt in June and nearly triple the $33.25 per cwt recorded in the same month last year. This is the highest level since Fastmarkets began assessing this price in January 1994. Inputs were collected in a wide range of $89.25-104.00 per cwt, with the low...

Published

Grace Lavigne Asenov

July 21, 2021

19:23 GMT

New York