According to market sources, demand for Turkish hot dip galvanized (HDG) coil in both the local Turkish market and in the export market has remained sluggish, while prices have been stable in the past week. Influenced by low Chinese offers, Turkish HDG producers may revise their local and export quotations after the Feast of Sacrifice holiday (October 3-7).
In the Turkish domestic market, HDG sales prices are currently as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 780-800 |
HDG 1 mm 100gr/m² | 730-750 |
HDG 2 mm 100gr/m² | 715-720 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
On the other hand, ex-Turkey HDG offers are still at $770-780/mt FOB for November production.