According to market sources, demand and price levels in the Turkish domestic hot dip galvanized (HDG) coil market have not changed since last week, with demand remaining on the low side. However, market sources indicate that the performance of demand is better in the local market than on the export side.
In the Turkish domestic market, HDG sales prices are currently as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 790-810 |
HDG 1 mm 100gr/m² | 740-760 |
HDG 2 mm 100gr/m² | 725-730 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
On the other hand, demand for Turkish HDG exports is still weak. Turkish mills are still seeking alternative export outlets, while October production Turkish HDG export prices, which have remained unchanged over the past week at $775-790/mt FOB, are considered to be on the high side.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.