The price of Galvalume in the United States fell for the second month in a row in November - this time sharply - with competitively priced imports being felt in the market.
"Due to the massive volume of imported Galvalume and the low pricing for that material, we were successful the last two months in having our domestic prices come down fairly significantly," one distributor said. Galvalume "travels well," said a second distributor, compared with other flat-rolled grades. Sources reported that Mexican imports and those on the Pacific Coast from Asia have been particularly competitive.The US was licensed to import 84,236 tonnes of carbon and alloy steel with other metallic coatings - the category that includes Galvalume - in October, according to data from the US International Trade...