Turkish demand for coated steel not expected to recover in short term

Wednesday, 07 August 2019 16:33:35 (GMT+3)   |   Istanbul
       

Over the past week, demand in the local Turkish coated steel market has remained at low levels and buyers have continued to postpone their bookings, making bookings only to meet their immediate needs. Market sources state that they do not expect any demand recovery in the short term due to ongoing stagnation of activity during the summer season and industrial maintenance works at end-users, which accelerate in August as usual.

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

Turkish domestic prices (ex-works)

Product

Price ($/mt)

HDG   0.50 mm  100gr/m²

650-670

HDG   1 mm  100gr/m²

615-630

HDG   2 mm  100gr/m²

565-585

PPGI RAL 9002 0.3 mm 100 gr/m²

860-900

PPGI RAL 9002 0.5 mm 100 gr/m²

700-740

PPGI RAL 9002 1 mm 100 gr/m²

625-645

Export prices 

Product

Price ($/mt)

HDG   0.50 mm  100gr/m²

650-660

PPGI RAL 9002 1 mm 100 gr/m²

700-720


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