Over the past week, trading activity in the local Turkish hot dip galvanized (HDG) coil market has been slow due to the end-of-Ramadan holiday, with demand remaining weak. Having long postponed their purchases, local buyers are expected to seek to increase their inventories slightly after the holiday. Currently, their inventories are at very low levels.
Domestic producers’ HDG prices in the local Turkish market are currently as follows:
| Product | Price ($/mt) | Weekly Change ($/mt) |
| HDG 0.50 mm 100gr/m² | 730-760 | - |
| HDG 1 mm 100gr/m² | 685-710 | - |
| HDG 2 mm 100gr/m² | 650-665 | - |
Meanwhile, demand for Turkish HDG in the export markets is still weak due to the summer period and maintenance works, while Turkish mills’ HDG export quotations have remained stable week on week at $720-750/mt FOB.