This week, the Turkish hot dip galvanized (HDG) coil market has started to emerge from its year-end sluggishness, though prices have remained unchanged. Demand coming from the export markets has started to recover.
In the meantime, Turkish mills are reported to be providing discounts of $10-20/mt depending on the customer and order volumes.
In the Turkish domestic market, current HDG sales prices are as follows:
Product |
Price ($/mt) |
HDG 0.50 mm 100gr/m² |
800-820 |
HDG 1 mm 100gr/m² |
750-770 |
HDG 2 mm 100gr/m² |
740-750 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
In the meantime, Turkish HDG export offers for February output are still ranging at $790-810/mt ex-works.