North America Galvanized Plain Sheet Prices Movement Q3:

Galvanized Plain Sheet Prices in United States:

The galvanized plain sheet Prices in the United States for Q3 2024 reached 1255 USD/MT in September. The price increase of galvanized plain sheets in the U.S. during Q3 2024 was driven by a combination of factors. Higher feedstock costs and strategic mill pricing contributed to upward pressure on prices. Additionally, reduced imports and a focus on boosting domestic production helped reinforce this trend. Economic factors, including trade challenges and broader market fluctuations, also played a role, creating a dynamic environment for pricing. Despite some market volatility, the combination of these elements led to a notable rise in galvanized plain sheet prices throughout 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. In Q3 2024, galvanized plain sheet prices in China declined significantly, driven by an oversupply of imports and fierce competition in the market. Weak demand from the construction sector further exacerbated the pricing pressure, leading to a continued downtrend compared to previous quarters. The combination of these factors resulted in a bearish market sentiment, with prices remaining under pressure throughout the period. Despite efforts to stabilize, the market struggled to recover, reflecting the broader challenges facing the steel and construction industries in China.

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 declined due to a combination of weak demand and reduced vehicle orders, particularly in the automotive sector. The market faced an excess of supply, compounded by competitive imports, which further pressured prices. This led to a cautious outlook, with manufacturers struggling to balance inventory levels. Despite efforts to stabilize the market, the overall sentiment remained bearish, reflecting the ongoing challenges in both domestic demand and external competition. The subdued market environment left the prospect of a swift recovery uncertain.

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 experienced significant declines, primarily driven by an oversupply of imports and weak demand from key sectors like construction and automotive. The market was further impacted by anti-dumping policies and ongoing trade challenges, which disrupted the balance between supply and demand. As a result, prices continued to trend downward, reflecting the broader challenges within the Brazilian market. The combination of external competition and internal economic issues created a subdued environment, with little sign 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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