US Galvalume prices have rebounded along with a recovery in the broader flat-rolled steel markets.
Fastmarkets' monthly price assessment for steel coil Galvalume, fob mill US rose to $36.50 per hundredweight ($730 per short ton) on Tuesday December 17, up 5.8% from $34.50 per cwt in mid-November and 2.8% from $35.50 per cwt in mid-October.Lead times are approximately six to 10 weeks, according to market participants.Galvalume prices are close to recovering ground lost during an autumn price swoon. Some domestic mills have been selling in the high $30s per...