Steel Mills
February 14, 2017
HARDI Steel Committee: Next Move May be Higher Galvanized Prices
Written by John Packard
It has been four weeks since the last HARDI galvanized steel conference call. The call provides a forum for the HARDI HVAC wholesalers and other associated HARDI members to discuss trends affecting galvanized steel prices. Over the past four weeks market prices have eased a bit but many of the factors that drive prices are pointing toward higher galvanized steel prices in the coming weeks.
Four weeks ago, the domestic steel mills had just announced their fifth price increase since late October 2016. The target base price set by the domestic steel mills was $42.50/cwt-$43.00/cwt ($850-$860 per ton) plus extras, FOB the domestic steel mill. There have been no new increase announcements since early January.
