Local Turkish HDG market trends sideways

Thursday, 21 April 2016 15:51:09 (GMT+3)   |   Istanbul
       

Demand in the local Turkish hot dip galvanized (HDG) market has remained slack in the past week, while prices have remained stable since prices of hot rolled coil (HRC) - the raw material for HDG production - have remained unchanged week on week, and also due to the weak demand situation.
 
Meanwhile, HDG prices in the local Turkish market for April production are currently as follows:
 

Product

Price ($/mt)

Change ($/mt)

HDG   0.50 mm  100gr/m²

630-680

-

HDG   1 mm  100gr/m²

570-600

-

HDG   2 mm  100gr/m²

540-565

-

 
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
 
Meanwhile, Turkish HDG export prices have also remained unchanged week on week in the range of $630-660/mt FOB for April production, since buyers consider current prices levels to be on the high side and are showing little interest.


Similar articles

US flat steel steady to lower on scant demand, flat to lower early June scrap call

17 May | Flats and Slab

Romania’s flat steel market stable despite weaker trade

17 May | Flats and Slab

Brazilian HDG export prices see slight increases

17 May | Flats and Slab

HDG consumption in Mexico down 3.5 percent in March

17 May | Steel News

Flat steel prices in local Taiwanese market - week 20, 2024

16 May | Flats and Slab

Chinese HDG export prices edge down following local price declines

16 May | Flats and Slab

Liberty Steel considers divestment of assets in Benelux and Italy

16 May | Steel News

US HDG exports up 6.2 percent in March from February

13 May | Steel News

Baosteel raises local HRC prices by $7/mt for May

13 May | Flats and Slab

Flat steel prices in local Taiwanese market - week 19, 2024

09 May | Flats and Slab