Demand in the local Turkish hot dip galvanized (HDG) market has remained at low levels in the past week, while Turkish HDG producers have maintained their prices unchanged week on week due to the sideways movement of domestic quotations of hot rolled coil (HRC) - the raw material for HDG production.
Domestic producers’ HDG prices in the local Turkish market are currently as follows:
Product |
Price ($/mt) |
Change ($/mt) |
HDG 0.50 mm 100gr/m² |
620-640 |
0 |
HDG 1 mm 100gr/m² |
560-570 |
0 |
HDG 2 mm 100gr/m² |
525-540 |
0 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
On the other hand, Turkish HDG export offers have remained stable week on week at $610-640/mt FOB, while demand for Turkish HDG exports is still slack in the target markets.