Galvanized Sheet's Premium Over Hot Rolled Hovering Around $200/Ton

The spread between hot-rolled coil (HRC) and galvanized sheet base prices has been hovering near $200 per net ton since late July, according to SMU’s latest analysis.

So far in 2023, the hot rolled vs. galvanized spread has averaged $190 per ton. It was lowest during the week of March 7 when HRC held just a $100-per-ton premium over galvanized sheet. The spread widened to as much as $230 per ton during the week of Oct. 3. As of Nov. 14, galvanized sheet held a $210-per-ton premium over hot rolled.

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.