In the past week, buyers in the local Turkish hot dip galvanized (HDG) coil market have remained cautious and have continued to make bookings only to meet their immediate needs due to the ongoing depreciation of the Turkish lira against the US dollar. Meanwhile, Turkish producers have maintained their HDG prices unchanged over the past week.
Domestic producers’ HDG prices in the local Turkish market are currently as follows:
| Product | Price ($/mt) | Change ($/mt) |
| HDG 0.50 mm 100gr/m² | 700-750 | - |
| HDG 1 mm 100gr/m² | 640-680 | - |
| HDG 2 mm 100gr/m² | 605-650 | - |
Meanwhile, demand for Turkish HDG exports is still slack since most buyers in the export markets are still on their holidays. Turkish producers’ HDG offers to the export markets have remained stable week on week at $680-710/mt FOB.