Domestic prices in the local Turkish hot dip galvanized (HDG) market have moved sideways over the past week, while demand in the local market is still slack.
Meanwhile, HDG prices in the local Turkish market for February and March production are currently as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 580-600 |
HDG 1 mm 100gr/m² | 525-545 |
HDG 2 mm 100gr/m² | 505-515 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
Meanwhile, since demand for Turkish HDG in the export markets has remained at weak levels, Turkish suppliers find it difficult to conclude export sales. Turkish suppliers' HDG export offers have remained stable in the past week in the range of $520-540/mt FOB, for February production.