Steel Products Prices North America

SDI Adjusts Galvanized Coating Extras

Written by Brett Linton

August 25, 2020

Steel Dynamics Inc. has revised their galvanized coating extras due to the recent increase in zinc prices.

SMU has done an analysis on the old and new extras, provided below. SDI extras increased an average of 20.3 percent.

Zinc prices declined significantly during the first quarter of the year, dropping from January’s high of $1.1186 to a low of $0.8236 in March. Prices increased steadily in May and June, then jumped nearly a dime in early-July and again in early-August. The current price for zinc is about $1.1221 per pound, according to Kitco.

Brett Linton

Brett Linton is a senior analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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