SMM analysis projects iron ore prices to trend strong in September as steel mills complete maintenance and ramp up hot metal production, lifting ore demand. Rising coke prices are expected to add further cost support. Demand recovery is anticipated with the peak season, though overall upside may be capped by still-weak end-market conditions.
DCE iron ore futures closed higher with spot prices edging up across mainstream grades. Blast furnace operating rates dipped slightly week-on-week and daily hot metal output declined, but bottoming-out signals and improved market expectations lent support. Traders maintained steady shipments while steel mills held back on procurement, leaving spot trading sluggish.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Galvanized Sheet | China | FOB | USD 609.80/MT | August 2026 |
| Galvanized Sheet | India | CIF | USD 700.80/MT | August 2026 |
| Galvanized Sheet | Germany | CIF | USD 723.80/MT | August 2026 |
| Galvanized Sheet | Australia | CIF | USD 704.80/MT | August 2026 |
| Galvanized Sheet | Brazil | CIF | USD 751.80/MT | August 2026 |
| Galvanized Sheet | China | FOB | USD 609.65/MT | July 2026 |
| Galvanized Sheet | India | CIF | USD 716.46/MT | July 2026 |
| Galvanized Sheet | Germany | CIF | USD 743.28/MT | July 2026 |
| Galvanized Sheet | Australia | CIF | USD 708.11/MT | July 2026 |
| Galvanized Sheet | Brazil | CIF | USD 781.26/MT | July 2026 |
Stay updated with the latest Galvanized Sheet prices, historical data, and tailored regional analysis
In the second half of 2025, galvanized sheet prices were mostly stable, with only minor fluctuations. Supportive government measures, such as Egypt’s stimulus package for local steel production, helped increase supply and reduce dependence on imports, keeping the market balanced. Costs for hot-rolled steel, which is the main raw material for galvanized sheets, rose slightly, but producers managed prices carefully to maintain margins.
Demand from construction, automotive, and household appliance sectors remained steady, without any sudden surges or drops. Import volumes continued, adding competition to local markets and preventing significant price increases. In Europe, weak demand from the automotive and construction industries limited price growth, while trade uncertainties and carbon adjustment policies made buyers cautious. In North America, domestic production was steady, and inventories were sufficient to meet regular demand, which also helped keep prices calm. Overall, the market showed a balance between stable supply and moderate demand.
Analyst Insight
According to Procurement Resource, Galvanized Sheet prices are expected to remain mostly steady in the near term, with only small changes likely if raw material costs or industrial demand shift significantly.
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In the first half of 2025, galvanized sheet prices showed mixed movement across global markets. In Asia, prices saw a slight rise early in the year, supported by limited supply and cautious optimism in construction and auto demand. However, by the second quarter, higher zinc costs and weaker downstream demand, especially in infrastructure, pushed prices under pressure. Seasonal weather disruptions in South China also led to reduced construction activity, further slowing demand.
In Europe, prices gradually moved upward in Q1, helped by lower imports and producers’ efforts to raise offers. While initial demand remained weak, tight supply conditions gave prices some support. Still, Q2 brought a more cautious tone as demand from construction and automotive sectors stayed subdued. Labour shortages and slow project approvals limited stronger recovery.
In North America, prices followed a firm upward path throughout H1. Stronger manufacturing activity and construction recovery drove steady demand. Higher input costs and limited supply availability also contributed to a supportive price environment. Despite global uncertainties, sentiment in the region stayed largely positive.
Galvanized Sheets, as the name says, are the steel sheets that are Galvanized by coating it with zinc. Surface of Galvanized steel has evenly distributed layer of zinc material, which plays a role of anodic protection for base material. Since zinc weathers at a very slow rate, the coating generally has a long life. They are also known for excellent shiny surfaces, strength, and durability, and include a range of hot dip Galvanized and electro-Galvanized sheets.
Agriculture, Automobile sector, Construction, Electrical appliances, Furniture and fixtures
JSW Steel Coated Products Limited, Agrasen Ispat (P) Ltd, Shandong Hengze New Material Group Co.,Ltd, Nippon Steel Corporation, Gupta Iron & Steel Co
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Hot dipping process based on zinc (Zn) alloy is widely used in order to protect steel sheets against atmospheric corrosion. Hot- dip Galvanized steel sheets are manufactured either by hot or cold rolling in coil form on continuous zinc coating lines. The thickness of the sheets produced from hot and cold rolling ranges from 2.01 to 3.0mm and from 0.27 to 2.0mm respectively.
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