The galvanized steel coil market showed interesting regional variations during the transition from April to May 2025, with distinct patterns emerging across major markets.
The galvanized steel coil market showed interesting regional variations during the transition from April to May 2025, with distinct patterns emerging across major markets.
• China's export prices softened slightly (-1.2% WoW) as domestic inventories rose
• Southeast Asian buyers showed cautious purchasing ahead of monsoon season
• India's domestic demand remained robust (+2.3% MoM) for infrastructure projects
• German automakers increased spot purchases by 8% compared to previous week
• Italian construction sector demand slowed unexpectedly (-3.5% WoW)
• EU mills maintained stable pricing despite minor zinc cost fluctuations
• Mexican manufacturers increased imports by 12% week-over-week
• Canadian distribution centers reported 5% higher inventory turnover
• Energy costs remained stable in major production regions
• Ocean freight rates from Asia to Europe decreased by 4.5%
• Middle East buyers increased forward contracts for Q3 delivery
• Brazilian domestic supply tightened due to maintenance shutdowns
• African import volumes reached 2025 high for this period
Market Outlook for Early May
The first week of May is expected to see:
→ Continued stability in North American markets
→ Potential price adjustments in Asia as inventories normalize
→ Steady EU demand from automotive sector