According to market sources, demand is still weak in the Turkish domestic hot dip galvanized (HDG) coil market. However, some Turkish HDG producers have increased their prices by $10/mt due to stable hot rolled coil (HRC) prices and increasing HDG demand in the export markets. It is reported that the new price levels have not yet gained acceptance in the market.
In the Turkish domestic market, HDG sales prices are as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 790-810 |
HDG 1 mm 100gr/m² | 740-760 |
HDG 2 mm 100gr/m² | 725-730 |
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 has remained at medium levels, while August production Turkish HDG export prices have also increased by $10/mt since last week to $775-790/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.