North America Galvanized Plain Sheet Prices Movement Q3:

Galvanized Plain Sheet Prices in United States:

The price of galvanized plain sheets in the United States for Q3 2024 reached 1255 USD/MT in September. The increase in galvanized plain sheet prices in the U.S. during Q3 2024 was driven by several key factors. Rising feedstock costs and strategic pricing by mills pushed prices higher, while a reduction in imports and an emphasis on increasing domestic production further supported this upward trend. Economic factors, such as trade challenges and broader market fluctuations, also contributed to the pricing dynamics, creating a fluctuating market environment. Despite some volatility, these combined elements led to a significant rise in galvanized plain sheet prices over the quarter.

APAC Galvanized Plain Sheet Prices Movement Q3:

Galvanized Plain Sheet Prices in China:

The price of galvanized plain sheet in China for Q3 2024 settled at 580 USD/MT in September. The increase in galvanized plain sheet prices in the U.S. during Q3 2024 was driven by several key factors. Rising feedstock costs and strategic pricing by mills pushed prices higher, while a reduction in imports and an emphasis on increasing domestic production further supported this upward trend. Economic factors, such as trade challenges and broader market fluctuations, also contributed to the pricing dynamics, creating a fluctuating market environment. Despite some volatility, these combined elements led to a significant rise in galvanized plain sheet prices over the quarter.

Europe Galvanized Plain Sheet Price Movement:

In Germany, galvanized plain sheet prices for Q3 2024 were recorded at 780 USD/MT in September. In Q3 2024, galvanized plain sheet prices in Germany dropped due to weak demand and a decline in vehicle orders, especially in the automotive sector. An oversupply, compounded by competitive imports, intensified the pricing pressure. Manufacturers faced challenges in managing inventory levels, leading to a cautious market outlook. Despite attempts to stabilize conditions, the overall sentiment remained bearish, reflecting ongoing struggles with both domestic demand and external competition. The subdued market environment made a swift recovery seem unlikely.

Latin America Galvanized Plain Sheet Prices Movement Q3:

Galvanized Plain Sheet Prices in Brazil:

In Brazil, the galvanized plain sheet prices for Q3 2024 were recorded at 665 USD/MT in September. In Q3 2024, galvanized plain sheet prices in Brazil saw substantial declines, primarily due to an oversupply of imports and sluggish demand from key sectors such as construction and automotive. Trade challenges and anti-dumping policies further disrupted the supply-demand balance, contributing to the ongoing downward price trend. These factors reflected broader economic challenges within the Brazilian market. The combination of external competition and internal economic struggles created a subdued market environment, with no clear signs of recovery during the quarter.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Galvanized Plain Sheet Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Galvanized Plain Sheet price trend, offering key insights into global Galvanized Plain Sheet market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Galvanized Plain Sheet demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

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