Local Turkish HDG market trends sideways

Thursday, 21 April 2016 15:51:09 (GMT+3)   |   Istanbul
       

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.


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