Hot dip galvanized (HDG) demand in the Turkish domestic market has remained at medium levels, while demand on the export side has started to slow down as of this week. In the meantime, prices have been moving on a sideways trend. Demand is anticipated to improve after Ramadan.
In the Turkish domestic HDG steel market, the sales prices of local production material are as follows:
Product |
Price ($/mt) |
HDG 0.50 mm 100gr/m² |
790-800 |
HDG 1 mm 100gr/m² |
760-770 |
HDG 2 mm 100gr/m² |
740-760 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
On the other hand, Turkish export offers for 0.50 mm 100gr/m² zinc coated HDG coils to certain Middle Eastern markets are still standing at $810-820/mt ex-works for August production.