Comparison of Galvanized Coating Extras

Steel Market Update (SMU) decided to show you an analysis of the various galvanized steel coating extras in a slightly different way. We wanted to show you the mills who extras vary from one another and those who are using extras which are produced by another mill (such as USS or Nucor). We want to point out that the AM Dofasco extras are in Canadian dollars vs. AM USA which are referenced in US dollars. The higher extras in Canada take into account the difference in the value of the Canadian dollar vs. that of the U.S. currency. There were changes to California Steel extras but they are still well below those of the other domestic mills – especially for light gauge steel with heavier coating weights like the G90 shown below.