Galvanized price premium over hot-rolled coil slips

The premium galvanized coil prices carry over hot-rolled (HR) coil continues to shrink after expanding earlier this year. The spread between these two products now stands near one of the lowest levels recorded this year.

SMU’s hot-rolled coil price averaged $690 per short ton (st) as of last Tuesday, Sept. 17. HR prices have been teetering within a $15/st range over the last month. Recall that two months ago we saw HR prices fall to a year and a half low of $635/st on average in late July.

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

Brett Linton

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