HRC vs. Galv Price Spread Widened This Summer

The spread between hot-rolled coil (HRC) and galvanized sheet base prices widened throughout the summer as hot rolled prices declined faster than those of galvanized.

At summer’s start, galvanized base prices held, on average, a $170 per net ton, or 19%, premium over hot rolled prices. That spread rose to as high as $225 per ton, or 31%, during the week of Aug. 29. This week, the spread came in at $200 per ton, or 29%.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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