Inquiries pick up slightly in Turkish HDG market

Wednesday, 14 May 2014 13:43:17 (GMT+3)   |   Istanbul
       

SteelOrbis has learned from market sources that inquiries in the Turkish domestic hot dip galvanized market have improved slightly, though there have not been any new transactions concluded, reflecting a lack of improvement in actual demand. Some domestic mills have increased their HDG prices on the back of rising hot rolled coil (HRC) prices.

In the Turkish domestic market, HDG sales prices have remained unchanged since last week and are still as follows: 

Product

Price ($/mt)

HDG   0.50 mm  100gr/m²

775-800

HDG   1 mm  100gr/m²

725-745

HDG   2 mm  100gr/m²

705-725

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

On the other hand, buyers in the export market are cautious amid the increases in HDG prices and demand in the market is still weak. Turkish HDG export prices have increased by $5/mt since last week and are currently at $760-780/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

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

Turkey’s coated steel export prices weaken

20 Mar | Flats and Slab

MMK reports record coated rolled product shipments to local market in 2023

19 Mar | Steel News

US HRC prices still ticking downward, prices expected to bottom this month

15 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

CRC and coated steel prices in Turkey down slightly, discounts applicable

13 Mar | Flats and Slab

Tata Steel chooses Danieli for pickling and galvanizing line investment

12 Mar | Steel News

Baosteel keeps local HRC prices stable for April

12 Mar | Flats and Slab