Demand in the local Turkish hot dip galvanized (HDG) market has remained slack in the past week, while prices have remained stable since prices of hot rolled coil (HRC) - the raw material for HDG production - have remained unchanged week on week, and also due to the weak demand situation.
Meanwhile, HDG prices in the local Turkish market for April production are currently as follows:
Product | Price ($/mt) | Change ($/mt) |
HDG 0.50 mm 100gr/m² | 630-680 | - |
HDG 1 mm 100gr/m² | 570-600 | - |
HDG 2 mm 100gr/m² | 540-565 | - |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
Meanwhile, Turkish HDG export prices have also remained unchanged week on week in the range of $630-660/mt FOB for April production, since buyers consider current prices levels to be on the high side and are showing little interest.