Prices remain stable in local Turkish PPGI market

Tuesday, 05 September 2017 16:31:42 (GMT+3)   |   Istanbul
       

During the past week, the local Turkish pre-painted galvanized (PPGI) coil market was closed due to the Feast of Sacrifice holiday (Aug. 31-Sept. 4). As of today, September 5, buyers have returned from their holidays and have started to make inquiries for domestic PPGI, while prices have remained unchanged week on week.

Accordingly, Turkish domestic PPGI prices have remained stable in the past week, with RAL 9002 0.3 mm 100 gr/m² zinc-coated PPGI prices still at $1,080-1,125/mt, with the price of RAL 9002 0.5 mm at $930-950/mt and the price of 1 mm RAL 9002 at $820-855/mt. All the offers in question are on ex-works basis and exclude 18 percent VAT. 

Meanwhile, Turkish PPGI export prices have also remained stable week on week at $915-925/mt FOB.

 


Tags: Flats Europe 

Similar articles

Chinese domestic PPGI prices fluctuate slightly, sentiment affected by futures price drop

26 Apr | Flats and Slab

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Global View on HRC: Prices mainly up in most regions, but trade hit by non-VAT investigation in China

26 Apr | Flats and Slab

Turkey’s plate prices mostly stable, supply reduced

26 Apr | Flats and Slab

European HRC mills make attempts to hike offers, import prices firm up further

26 Apr | Flats and Slab

Sales by Brazilian flat steel distributors show small increase in March

25 Apr | Steel News

US HDG imports up 20.9 percent in March

25 Apr | Steel News

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Turkish flats spot prices decline amid weak demand

25 Apr | Flats and Slab