PPGI prices stable in Turkey, demand remains weak

Pre-painted galvanized iron (PPGI) prices have remained unchanged as compared to last week in the Turkish market, while demand has failed to improve amid the ongoing sluggishness of the market.
 
Meanwhile, in the Turkish domestic market RAL 9002 0.5 mm 100 gr/m² zinc coated pre-painted galvanized iron (PPGI) prices are still standing at $930-950/mt + VAT ex-works at the moment, with mills stating that quotations are already sufficiently low. In addition, the HDG export offers of Turkey have remained almost at the same price levels as in the domestic market. Turkish mills may reduce their offers by as much as $20-30/mt for large volume orders, both in the domestic and export markets.