According to market sources, demand for hot dip galvanized (HDG) products in the local Turkish market has remained slack as holiday mood still lingers. Market sources state that inquiries are expected to accelerate in the coming week.
In the Turkish domestic market, HDG sales prices have remained unchanged during the past week for August production and are currently as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 620-660 |
HDG 1 mm 100gr/m² | 580-600 |
HDG 2 mm 100gr/m² | 560-570 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
Meanwhile, demand for Turkish HDG in the foreign markets has remained weak in the same period, while Turkish producers' HDG offers to the export markets have remained stable over the past week at $610-660/mt FOB, for August production.