HDG Sheet(Galvanized plain sheet) prices in the United States continued climbing through June as the market faced one of its tightest supply periods in years. Domestic mills dealt with extended outages, long lead times, and sharply reduced foreign arrivals, creating a supply squeeze that pushed HDG Sheet availability to critically low levels. Strong demand from construction, HVAC, roofing, and automotive applications kept the market firm, while service centers adopted defensive purchasing strategies due to limited spot tons. Although a few mills have shown slight flexibility in negotiations, the overall tone remains historically strong, suggesting HDG Sheet pricing may be nearing a temporary plateau rather than signaling a downturn. May’s steadier environment now appears to have set the stage for June’s sharper rally, reinforcing expectations of continued tightness in the near term.
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility.
Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.
