According to market sources, demand for hot dip galvanized (HDG) products in the local Turkish market has improved slightly during the past week but is still weak. Market sources state that inquiries in the market have also increased, while the transaction volume is at low levels.
In the Turkish domestic market, HDG sales prices have remained unchanged during the past week for September production and are currently as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 620-660 |
HDG 1 mm 100gr/m² | 580-600 |
HDG 2 mm 100gr/m² | 560-570 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
Meanwhile, demand for Turkish HDG in the foreign markets has remained weak in the same period, though some increase in inquiries has been seen. Meanwhile, Turkish producers' HDG offers to the export markets have remained stable over the past week at $610-660/mt FOB, for September production.