Turkish buyers still postpone domestic coated steel purchases

Thursday, 05 September 2019 17:36:20 (GMT+3)   |   Istanbul
       

Over the past week, buyers in the Turkish coated steel market have continued to postpone their bookings and purchased only for their immediate needs. Market sources state that buyers believe that prices will continue to decrease in the local Turkish coated steel market due to lower flat and raw material prices in Turkey. By postponing their orders, buyers are exerting pressure on prices, and so market sources say they do not expect any demand recovery in the short term.

Turkish mills’ price offers for coated products for their domestic and export markets, for September and October production, are presented in the following table.

Turkish domestic prices (ex-works)

Product

Price ($/mt)

Weekly change ($/mt)

HDG   0.50 mm  100gr/m²

630-650

-10

HDG   1 mm  100gr/m²

595-610

-10

HDG   2 mm  100gr/m²

545-565

-10

PPGI RAL 9002 0.3 mm 100 gr/m²

830-870

-10

PPGI RAL 9002 0.5 mm 100 gr/m²

670-710

-10

PPGI RAL 9002 1 mm 100 gr/m²

645-665

-10

Turkish export quotations (FOB)

Product

Price ($/mt)

Weekly change ($/mt)

HDG   0.50 mm  100gr/m²

630-640

-10

PPGI RAL 9002 0.5 mm 100 gr/m²

670-690

-10

 

 


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