Prices remain stable in local Turkish PPGI market

Tuesday, 30 June 2015 15:35:16 (GMT+3)   |   Istanbul
       

üAccording to market sources, demand in the local pre-painted galvanized (PPGI) coil market in Turkey has recorded a slight decrease this week, but it is still at medium levels. Currently, Turkish mills' local prices for RAL 9002 0.3 mm 100 gr/m² zinc-coated PPGI are at $835-860/mt, while their offers for RAL 9002 0.5 mm are at $720-755/mt and prices for 1 mm RAL 9002 are at $655-690/mt, all moving sideways compared to last week. All the offers in question are on ex-works basis, exclude 18 percent VAT, and are for August production.
 
Meanwhile, demand for Turkish PPGI in the export markets is still weak, while Turkish PPGI export offer prices have remained stable week on week at $710-760/mt FOB, for August production. Market players state that buyers continue to make inquiries for Turkish PPGI, though these inquiries have not resulted in actual transactions. 
 


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