Demand in local Turkish HDG market fails to show improvement

Wednesday, 02 July 2014 17:32:53 (GMT+3)   |   Istanbul
       

 

According to market sources, prices in the Turkish domestic hot dip galvanized (HDG) coil market have remained stable since last week, while local demand has failed to record any improvements despite recent upticks in demand on the export side.

In the Turkish domestic market, HDG sales prices are as follows:

Product

Price ($/mt)

HDG   0.50 mm  100gr/m²

780-805

HDG   1 mm  100gr/m²

730-750

HDG   2 mm  100gr/m²

715-720

The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments. 

On the other hand, demand for Turkish HDG exports, which had increased last week, is now at medium levels, while July production Turkish HDG export prices have remained unchanged since last week at $765-785/mt FOB.

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.   


Similar articles

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

US flat rolled prices steady at mid-month despite lack of availability

19 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Ex-India HDG prices mainly stable but deals limited by low bids

18 Apr | Flats and Slab

Chinese HDG export prices rise amid hikes in local and futures prices

18 Apr | Flats and Slab

Brazilian HDG export prices decline

17 Apr | Flats and Slab

HDG consumption in Mexico up 5.4 percent in February

17 Apr | Steel News

Turkish flats prices generally stabilize after holiday

16 Apr | Flats and Slab

US flat steel prices steady as higher mill offers fail to deliver price gains

12 Apr | Flats and Slab

HDG and CRC prices in EU decrease further, higher buyers' pressure on CRC

12 Apr | Flats and Slab