In the past week, buyers in the local Turkish hot dip galvanized (HDG) coil market have continued to postpone their purchases due to the approach of the New Year, and so demand has remained slack. Meanwhile, Turkish producers have maintained their HDG prices unchanged over the past week.
Domestic producers’ HDG prices in the local Turkish market are currently as follows:
Product |
Price ($/mt) |
Change ($/mt) |
HDG 0.50 mm 100gr/m² |
700-750 |
- |
HDG 1 mm 100gr/m² |
640-680 |
- |
HDG 2 mm 100gr/m² |
605-650 |
- |
Meanwhile, demand for Turkish HDG in the export markets is still weak, but is expected to start to recover with the beginning of the New Year. Turkish producers’ HDG offers to the export markets have remained stable week on week at $680-710/mt FOB.