For the Quarter Ending June 2026
Galvanized Plain Sheet Prices in North America
- In the USA, the Galvanized Plain Sheet Price Index rose by 4.49% quarter-over-quarter, reflecting constrained import availability.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 1464.67/MT, based on delivered Illinois assessments.
- Galvanized Plain Sheet Spot Price strengthened amid extended mill lead times and reduced import volumes, supporting firmness.
- Galvanized Plain Sheet Price Forecast indicates modest upside near-term as infrastructure restocking meets constrained import competition levels.
- Galvanized Plain Sheet Production Cost Trend shows upward pressure from tighter zinc premiums and rising energy expenses.
- Galvanized Plain Sheet Demand Outlook remains steady, led by construction and automotive, but housing softness limits consumption.
- Galvanized Plain Sheet Price Index climbed as trade measures reduced Asian offers, narrowing import relief significantly nationwide.
- Extended mill lead times and dealer restocking pushed prompt Galvanized Plain Sheet availability tighter, supporting sustained momentum.
Why did the price of Galvanized Plain Sheet change in June 2026 in North America?
- Import restrictions and trade duties reduced Asian coil arrivals, tightening supply into the US market.
- Mill lead times extended and higher zinc premiums increased coating costs, pressuring delivered HDG margins.
- Steady construction and automotive demand absorbed available tons while service centers restocked cautiously, limiting oversupply.
Mexico
- In Mexico, the Galvanized Plain Sheet Price Index rose by 2.88% quarter-over-quarter, driven by tighter imports.
- Galvanized Plain Sheet Spot Price rose on freight and zinc input increases, supporting firmer Price Index.
Galvanized Plain Sheet Prices in South America
- In Brazil, the Hot Dipped Galvanised Sheet Price Index rose by 16.0% quarter-over-quarter, driven by import quota tightening.
- The average Hot Dipped Galvanised Sheet price for the quarter was approximately USD 766.00/MT observed.
- Hot Dipped Galvanised Sheet Spot Price strengthened as import volumes tightened and mills asserted premiums.
- Hot Dipped Galvanised Sheet Price Forecast projects gains amid logistics inflation and quota enforcement continuing.
- Hot Dipped Galvanised Sheet Production Cost Trend highlights logistics, zinc cost pressures tightening galvanizer margins.
- Hot Dipped Galvanised Sheet Demand Outlook remains firm; construction and appliance sectors support purchasing volumes.
- Elevated tariffs, quotas and weaker real underpin the Hot Dipped Galvanised Sheet Price Index momentum.
- Inventories tightened in port warehouses while mills maintained high operating rates, supporting prompt-market premiums today.
Why did the price of Hot Dipped Galvanised Sheet change in June 2026 in South America?
- Import quotas and anti-dumping duties sharply reduced inbound volumes, tightening immediate supply and supporting higher landed prices.
- Ocean freight surges and war-risk surcharges materially increased landed costs, prompting suppliers to raise CFR offers thereafter.
- Domestic demand improvement from manufacturing and construction combined with muted exports tightened available stocks significantly in June.
Galvanized Plain Sheet Prices in APAC
- In South Korea, the Galvanized Plain Sheet Price Index fell by 0.128% quarter-over-quarter, reflecting muted exports.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 780.00/MT, FOB Busan.
- Galvanized Plain Sheet Spot Price remained tight, inventories near averages, and mills resisted deeper discounts.
- Galvanized Plain Sheet Price Forecast indicates near-term variability driven by export restocking and downstream seasonality.
- Galvanized Plain Sheet Production Cost Trend stayed steady; zinc and hot-rolled coil inputs remained unchanged.
- Galvanized Plain Sheet Demand Outlook softened as Southeast Asian buyers paused procurement amid construction slowdown.
- Galvanized Plain Sheet Price Index showed narrow ranges as mills ran and spot trade limited.
- Export restrictions and provisional duties redirected flows, supporting a price floor while export volumes remained.
Why did the price of Galvanized Plain Sheet change in June 2026 in APAC?
- Firm overseas bookings in early June tightened prompt availability, allowing mills to defend FOB offers.
- Seasonal regional construction slowdown reduced immediate procurement, pressuring spot markets and encouraging measured seller concessions.
- Stable input costs and provisional trade measures limited supply shifts, tempering price volatility despite freight.
Thailand
- In Thailand, the Galvanized Plain Sheet Price Index rose by 5.74% quarter-over-quarter, driven by allocations.
- Galvanized Plain Sheet Spot Price experienced upward pressure from distributor restocking and tighter export allocations.
Taiwan
- In Taiwan, the Galvanized Plain Sheet Price Index rose by 6.34% quarter-over-quarter, driven by stronger export demand.
- Taiwanese Galvanized Plain Sheet Spot Price showed modest weekly gains, while the Price Index reflected sustained export-driven strength.
Galvanized Plain Sheet Prices in Europe
- In Germany, the Galvanized Plain Sheet Price Index rose by 7.3% quarter-over-quarter, driven by mill strength.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 956.00/MT, reflecting balanced supply.
- Domestic Galvanized Plain Sheet Spot Price was underpinned by constrained zinc availability and selective mill allocations.
- The Galvanized Plain Sheet Price Forecast anticipates limited upside amid policy changes and subdued construction demand.
- Observed Galvanized Plain Sheet Production Cost Trend showed elevated zinc and energy inputs squeezing mill margins.
- The Galvanized Plain Sheet Demand Outlook remains cautious as automotive steadiness contrasts with weaker construction procurement.
- Galvanized Plain Sheet Price Index peaked then softened as distributors de-stocked ahead of seasonal short lull.
- Export enquiries increased pre-licensing, tightening nearby inventories and supporting short-term regional Galvanized Plain Sheet price resilience.
Why did the price of Galvanized Plain Sheet change in June 2026 in Europe?
- Reduced spot enquiries and weaker construction orders shifted balance toward higher inventories across Germany recently.
- Zinc and energy costs sustained mill offers, limiting prospects for price cuts amid softer demand.
- Improved Rhine logistics and steady imports preserved flows, while impending EU licensing accelerated procurement timing.
Italy
- In Italy, Galvanized Plain Sheet Price Index rose by 7.498% quarter-over-quarter, as import quotas tightened.
- Galvanized Plain Sheet Spot Price remained supported by limited spot allocations and higher freight costs.
Turkey
- In Turkey, the Galvanized Plain Sheet Price Index rose by 4.87% quarter-over-quarter, reflecting mill output.
- Import arrivals improved and steady domestic consumption kept the Galvanized Plain Sheet Spot Price stable
For the Quarter Ending March 2026
Galvanized Plain Sheet Price in North America
- In the USA, the Galvanized Plain Sheet Price Index rose by 5.58% quarter-over-quarter, reflecting tight domestic supply.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 1356.67/MT, reflecting balanced trading.
- Domestic mills maintained firm offers, keeping Galvanized Plain Sheet Spot Price steady amid moderated import arrivals.
- Service centers replenished inventories supporting the Galvanized Plain Sheet Price Index while end-user orders remained measured.
- Analyst scenario outputs show a modest Galvanized Plain Sheet Price Forecast indicating limited upside amid seasonal demand patterns.
- Raw-material dynamics left Galvanized Plain Sheet Production Cost Trend restrained as zinc and hot-rolled coil costs stayed steady.
- Export demand to Canada and Mexico absorbed volumes, influencing regional Galvanized Plain Sheet Spot Price and supporting mill allocations.
- Production upgrades remained commissioning, so Galvanized Plain Sheet Price Index strength stemmed from disciplined mill allocations not tonnage.
Why did the price of Galvanized Plain Sheet change in March 2026 in North America?
- Balanced supply from domestic mills and moderated imports tightened spot availability, supporting modest price gains.
- Stable zinc and HRC input costs limited production cost pressure, enabling mills to keep offers firm.
- Healthy construction and automotive call-offs absorbed incremental tonnage while logistics normalized, avoiding downward price pressure.
Galvanized Plain Sheet Prices in APAC
- In South Korea, Galvanized Plain Sheet Price Index fell by 1.64% quarter-over-quarter, signaling softer demand.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 781.00/MT per ton.
- Galvanized Plain Sheet Spot Price exhibited volatility amid intermittent export bookings and reduced merchant inventories.
- Galvanized Plain Sheet Price Forecast anticipates range-bound movement with firmer spikes driven by input disruptions.
- Galvanized Plain Sheet Production Cost Trend shows zinc premium volatility and LNG costs pressuring margins.
- Galvanized Plain Sheet Demand Outlook shows steady construction and appliance demand offset by cautious restocking.
- Galvanized Plain Sheet Price Index strengthened as mill outages and export inquiries tightened export-eligible tonnage.
- Mill run-rates remained near nameplate while service centre inventories stayed lean, keeping spot negotiations ranged.
Why did the price of Galvanized Plain Sheet change in March 2026 in APAC?
- Mill maintenance and Hyundai Steel strike curtailed coil supply, tightening coating feed and lifting prices.
- LME zinc stocks fell while LNG spot gas surged, increasing production cost pressures for galvanizers.
- Export enquiries firmed amid regional pre-season restocking, reducing merchant inventories and supporting firmer FOB quotes.
Galvanized Plain Sheet Prices in Europe
- In Germany, the Galvanized Plain Sheet Price Index rose by 9.06% quarter-over-quarter, supported by tightened quotas.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 891.00/MT, reflecting stable inventories.
- Galvanized Plain Sheet Spot Price was range-bound through March as mills balanced output and distributor stocks.
- Galvanized Plain Sheet Price Forecast signals mild firmness near-term as import checks and quotas constrain flows.
- Galvanized Plain Sheet Production Cost Trend reflected elevated electricity tariffs and firming zinc, pressuring mill margins.
- Galvanized Plain Sheet Demand Outlook shows cautious construction demand but consistent automotive and appliance procurement sustaining volumes.
- Balanced inventories and CBAM-related import delays supported the Galvanized Plain Sheet Price Index during March's neutral pricing.
- Export demand from neighbouring markets absorbed supply, while Asian arbitrage discounts capped domestic price flexibility.
Why did the price of Galvanized Plain Sheet change in March 2026 in Europe?
- Balanced domestic output and limited import arrivals maintained availability, preventing significant spot price movement in March.
- High electricity tariffs and firmer zinc costs increased conversion expenses, reducing mill margin pass-through to buyers.
- Regulatory CBAM checks and quota management delayed third-country shipments, supporting domestic offers and limiting inventory builds.
Galvanized Plain Sheet Prices in South America
- In Brazil, the Galvanized Plain Sheet Price Index fell by 4.58% quarter-over-quarter, driven by softer import parity.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 660.33/MT delivered reference.
- Tight early-March buying lifted the Galvanized Plain Sheet Spot Price and nudged the national Price Index.
- Market Price Forecast signals modest volatility ahead as duties and freight adjust Galvanized Plain Sheet import economics.
- Rising coil and zinc surcharges shaped the Galvanized Plain Sheet Production Cost Trend, compressing distributor margins.
- The Galvanized Plain Sheet Demand Outlook is cautious, with construction and appliances providing uneven, seasonal offtake.
- Service-centre inventories and steady port arrivals moderated the Galvanized Plain Sheet Price Index, limiting further gains.
- Late-February anti-dumping duties raised landed offers, quickly lifting Galvanized Plain Sheet Spot Price levels noticeably.
Why did the price of Galvanized Plain Sheet change in March 2026 in South America?
- Elevated import arrivals earlier in the quarter increased supply, exerting downward pressure on landed parity.
- Freight declines and currency swings lowered landed costs, while occasional duty actions reversed parity economics.
- Demand recovery from construction and appliances tightened spot availability in March, supporting modest short-term price strengthening.
For the Quarter Ending December 2025
Galvanized Plain Sheet Prices in North America
- In the USA, the Galvanized Plain Sheet Price Index fell by 0.80% quarter-over-quarter, reflecting inventory overhang.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 1285.00/MT, assessed delivered.
- Galvanized Plain Sheet Spot Price remained range-bound as balanced supply and mill output limited upside.
- Galvanized Plain Sheet Price Forecast indicates modest volatility as mill list increases meet subdued demand.
- Galvanized Plain Sheet Production Cost Trend shows firmer coil and zinc premiums raising conversion costs.
- Galvanized Plain Sheet Demand Outlook remains mixed as automotive restocking offsets weaker construction-related procurement activity.
- Service-centre inventories and limited exports kept the Galvanized Plain Sheet Price Index range-bound, capping upside.
- Producer discipline, steady mill utilisation and managed quoting prevented aggressive spot cuts, maintaining consistent regional availability.
Why did the price of Galvanized Plain Sheet change in December 2025 in North America?
- Elevated service-centre inventories and constrained export outlets increased domestic oversupply, suppressing December pricing and liquidity.
- Firmer coil and zinc premiums raised production costs, limiting mills' incentive for deeper spot reductions.
- Selective year-end procurement and automotive restocking improved demand, but construction weakness constrained broader price recovery.
Galvanized Plain Sheet Prices in APAC
- In South Korea, the Galvanized Plain Sheet Price Index fell by 8.10% quarter-over-quarter, amid weaker construction, exports.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 794.00/MT, reflecting muted demand.
- Galvanized Plain Sheet Spot Price stayed range-bound on Busan offers, limited by steady mill runs.
- Galvanized Plain Sheet Production Cost Trend eased as zinc premia softened, relieving mill conversion pressures.
- Galvanized Plain Sheet Demand Outlook is mixed: resilient automotive offtake contrasts with subdued construction activity.
- Galvanized Plain Sheet Price Forecast suggests modest monthly swings as exporters, domestic buyers recalibrate procurement.
- Galvanized Plain Sheet Price Index reflects a persistent 12-week bearish drift despite occasional weekly stabilisations.
- Mill operating rates remained near nameplate, port inventories lean, and export enquiries provided intermittent support.
Why did the price of Galvanized Plain Sheet change in December 2025 in APAC?
- Holiday-affected restocking and weak construction demand reduced immediate offtake, pressuring December prices across domestic market.
- Lower zinc premia and improved logistics trimmed costs, allowing mills to slightly cut FOB offers.
- EU quota shifts and varied export enquiries redirected volumes, influencing export flows and domestic pricing.
Galvanized Plain Sheet Prices in Europe
- In Germany, the Galvanized Plain Sheet Price Index rose by 2.68% quarter-over-quarter, tight supplies domestically.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 817.00/MT Q4 2025.
- Galvanized Plain Sheet Spot Price firmed as import flows slowed, prompting service-centres to lift offers.
- Galvanized Plain Sheet Price Forecast suggests modest volatility through winter amid destocking and selective restocking.
- Galvanized Plain Sheet Production Cost Trend shows higher energy and zinc costs, pressuring margins now.
- Galvanized Plain Sheet Demand Outlook steady with automotive restocking and renewable infrastructure demand supporting coil purchases.
- Galvanized Plain Sheet Price Index sensitivity reflects inventories, export demand shifts and EU quota impacts.
- Major Ruhr mill maintenance and energy curtailments tightened availability, supporting offers and stabilising spot sentiment.
Why did the price of Galvanized Plain Sheet change in December 2025 in Europe?
- EU quota utilization and tight allocations reduced imports, tightening December supply and elevating offers.
- Higher energy tariffs and rising LME zinc elevated production costs, pressuring galvanizer margins, pricing.
- Reduced imports, mill maintenance and logistics frictions made service-centres cover shortages, tightening spot availability.
Galvanized Plain Sheet Prices in in South America
- In Brazil, the Galvanized Plain Sheet Price Index fell by 0.29% quarter-over-quarter, driven by imports.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 692.00/MT, CFR Santos.
- Galvanized Plain Sheet Spot Price weakened in December as coastal inventories rose, mill offers softened.
- Galvanized Plain Sheet Price Forecast suggests downside as quota duties may moderate future import flows.
- Galvanized Plain Sheet Production Cost Trend eased as coil and zinc costs fell, compressing margins.
- Galvanized Plain Sheet Demand Outlook remains weak; construction, automotive procurement slowed by high financing costs.
- Galvanized Plain Sheet Price Index subdued amid freight stability, contained currency limiting landed cost swings.
- Service-centre destocking and swollen port inventories constrained bids, while some southern mills signalled temporary idling.
Why did the price of Galvanized Plain Sheet change in December 2025 in South America?
- High import arrivals near quota limits swelled domestic stocks, exerting downward pressure on prices.
- Soft construction and automotive procurement, combined with elevated Selic-driven financing costs, reduced immediate offtake.
- Stable freight and currency limited landed-cost spikes, while over-quota duty risk created import uncertainty.
For the Quarter Ending September 2025
North America
- In USA, the Galvanized Plain Sheet Price Index fell by 6.83% quarter-over-quarter, reflecting weaker downstream demand.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 1295.33/MT, remaining muted.
- Galvanized Plain Sheet Spot Price eased, lower HRC and slightly softened delivered transactions.
- Galvanized Plain Sheet Price Forecast signals limited upside near term, inventory rebalancing weighing on rallies.
- Galvanized Plain Sheet Production Cost Trend declined as substrate and energy prices eased, narrowing margins.
- Galvanized Plain Sheet Price Index weakness reflected rising inventories, new galvanizing capacity and mill utilization.
- Export demand muted, but shipping reroutes, and freight surcharges occasionally provided limited transient price support.
Why did the price of Galvanized Plain Sheet change in September 2025 in North America?
- Elevated domestic output and galvanizing capacity additions increased availability, pressuring transaction levels and spot firmness.
- Lower hot-rolled coil and easing energy costs reduced production expenses, enabling mills to offer spot discounts.
- Service-center destocking and cautious downstream procurement amid seasonal slowdown weakened demand, constraining upward price momentum.
APAC
- In South Korea, the Galvanized Plain Sheet Price Index fell by 8.8% quarter-over-quarter, reflecting sustained bearish export diversion.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 864.00/MT.
- Galvanized Plain Sheet Spot Price fluctuated within a narrow band amid steady mill utilization and balanced domestic feedstock availability.
- Galvanized Plain Sheet Production Cost Trend remained flat as zinc and energy inputs showed limited movement during the quarter.
- Galvanized Plain Sheet Price Index weakness driven by export diversion, rising inventories and trade barriers constraining overseas offtake.
- Galvanized Plain Sheet Price Forecast indicates near-term downside risk, with short rebounds when service-centre stocks decline.
Why did the price of Galvanized Plain Sheet change in September 2025 in APAC?
- Export diversion and higher domestic inventories forced downward pressure as overseas buyers reduced Korean purchases.
- Flat conversion costs and stable zinc prices limited upside, keeping mills price offers largely unchanged.
- Logistics delays and container cost increases intermittently disrupted exports, amplifying selling back into regional markets.
Europe
- In Germany, the Galvanized Plain Sheet Price Index fell by 4.8% quarter-over-quarter, reflecting weak demand and elevated inventories.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 878.00/MT.
- Galvanized Plain Sheet Spot Price showed firmness amid tighter HRC availability and muted import inflows across September.
- Galvanized Plain Sheet Price Forecast points to volatility as distributors consider restocking and mills balance output against stocks.
- Galvanized Plain Sheet Production Cost Trend remained supported by stable energy and zinc costs, limiting deeper discounts.
- Galvanized Plain Sheet Price Index movements were influenced by logistics smoothness, domestic production resilience, and seasonal buying patterns.
- Inventory overhang and export decline constrained bids, while selective mill rationing intermittently supported domestic price resilience.
Why did the price of Galvanized Plain Sheet change in September 2025 in Europe?
- Elevated inventories and softer automotive and construction demand reduced buyer willingness to accept previous price levels.
- Stable feedstock and energy costs removed cost-push support, allowing sellers to resist aggressive discounts despite weaker orders.
- Muted imports and tighter HRC availability intermittently tightened spot supply, creating short-term firmness amid broader downward pressure.
South America
- In Brazil, the Galvanized Plain Sheet Price Index rose by 1.96% quarter-over-quarter, driven by tightening import quotas.
- The average Galvanized Plain Sheet price for the quarter was approximately USD 694.00/MT, reflecting steady traded levels.
- Galvanized Plain Sheet Spot Price saw weekly swings, while the domestic Price Index stayed range-bound this quarter.
- Galvanized Plain Sheet Price Forecast indicates firmness as the Price Index responds to tightening import quotas.
- Galvanized Plain Sheet Production Cost Trend shows upward pressure from higher scrap and coil feedstock, squeezing margins.
- Galvanized Plain Sheet Price Index gains late September reflect quota exhaustion, depleted inventories and constrained imports.
- Galvanized Plain Sheet Spot Price recovery was supported by tighter coil supply, validating near-term Price Forecasts.
Why did the price of Galvanized Plain Sheet change in September 2025 in South America?
- Import quotas neared exhaustion, reducing low-cost arrivals and tightening near-term domestic galvanized sheet availability significantly.
- Rising feedstock coil and scrap costs lifted Production Cost Trend, squeezing mill margins, supporting offers.
- Service-centre inventories depleted while quota-driven import delays amplified urgency, prompting immediate buying and price spikes.
