According to market sources, demand for hot dip galvanized (HDG) products in the local Turkish market has continued to be characterized by slackness during the past week.
In the Turkish domestic market, HDG sales prices have remained unchanged over the past week for April production and are currently as follows:
Product | Price ($/mt) |
HDG 0.50 mm 100gr/m² | 660-690 |
HDG 1 mm 100gr/m² | 615-635 |
HDG 2 mm 100gr/m² | 590-610 |
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 exports has slightly improved as compared to last week, due to quite low inventory levels in the target markets, which have been unwilling to make HDG purchases for a long time now. In addition, Turkish HDG export offers have remained unchanged over the past week in the range of $650-690/mt FOB for April production.