Meanwhile, even though there are some concerns regarding the reflection of the downtrend of hot rolled coil (HRC) prices in the HDG market, mills claim that their prices are already low and state that they are not willing to reduce their quotations.
In the Turkish domestic market, sales prices for HDG are as follows:
Product |
Price ($/mt) |
HDG 0.50 mm 100gr/m² |
800-830 |
HDG 1 mm 100gr/m² |
755-780 |
HDG 2 mm 100gr/m² |
740-750 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
In the meantime, demand in the foreign market, which had also been expected to register an improvement with the arrival of spring, has been weakening amid the global downward trend. Turkish HDG export offers to the Middle East and the CIS are still standing at $800-830/mt ex-works for June-July production.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.