Domestic prices in the local Turkish hot dip galvanized (HDG) market have moved sideways over the past week, while demand in the local market is still slack.
Meanwhile, HDG prices in the local Turkish market for January and February production are currently as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 580-600 |
HDG 1 mm 100gr/m² | 525-545 |
HDG 2 mm 100gr/m² | 505-515 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
Meanwhile, foreign buyers' stock levels of HDG are currently at low levels and their inquiries for Turkish HDG have increased during the past week. Accordingly, demand for Turkish HDG in the export markets has improved slightly in the same period. Turkish suppliers' HDG offers to the export markets have also remained stable during the past week in the range of $540-560/mt FOB, for January production.