Demand improves slightly in local Turkish HDG market

Wednesday, 04 February 2015 17:46:53 (GMT+3)   |   Istanbul
According to market sources, demand for hot dip galvanized (HDG) coil in the local Turkish market has improved slightly over the past week. Some market sources state that sales in Turkey's Marmara region has remained brisk in the same period. However, the local Turkish HDG market has been characterized by a soft trend due to the declines seen in domestic hot rolled coil (HRC) prices.

In the Turkish domestic market, HDG sales prices have declined by $20/mt over the past week and are currently as follows:

Product

Price ($/mt)

HDG   0.50 mm  100gr/m²

710-720

HDG   1 mm  100gr/m²

660-670

HDG   2 mm  100gr/m²

640-645

The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.

Meanwhile, ex-Turkey HDG offers have decreased by $15/mt over the past week to the range of $690-710/mt FOB for shipments in February and March. Market sources state that transaction activity in the Middle East market has picked up slightly.


Similar articles

Import flat steel prices for Turkey move sideways

30 Oct | Flats and Slab

Weakening of the Russian ruble impact on Turkish PPGI export market

25 Dec | Flats and Slab

Demand still on the weak side in local Turkish PPGI market

04 Sep | Flats and Slab

Demand still below anticipated levels in Turkish PPGI market

05 Jun | Flats and Slab

Turkish PPGI exports still under pressure from China

19 Sep | Flats and Slab

Demand for ex-Turkey PPGI hit by competitive Chinese offers

05 Sep | Flats and Slab

Ex-China PPGI offers to Turkey

04 Jan | Flats and Slab

Ex-China PPGI offers to Turkey

27 Apr | Flats and Slab

Notable wire rod, slab, flat-rolled, plate and rebar shipments into the US, March 23-30

07 Apr | Steel Matters

Chinese PPGI offers to Turkey

25 Feb | Flats and Slab

Marketplace Offers

HDG Coil
Thickness:  0.5 - 4 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Prepainted Coil
Thickness:  0.4 mm
Width:  1,000 mm
Coil:   R
9002
OZGUN METAL
Prepainted Coil
Thickness:  0.4 mm
Width:  1,200 mm
Coil:   R
9002
OZGUN METAL