In the Turkish domestic market sales prices for HDG are as follows:
Product |
Price ($/mt) |
HDG 0.50 mm 100gr/m² |
790-800 |
HDG 1 mm 100gr/m² |
760-770 |
HDG 2 mm 100gr/m² |
740-760 |
The above prices, which may differ depending on product quality, are ex-works, exclude VAT, and are for advance payments.
On the export side, Chinese HDG export offers to the Middle East, which are standing at $620-640/mt FOB, have weakened demand for ex-Turkey HDG in the region. Meanwhile, Turkish export offers for 0.50 mm 100gr/m² zinc coated HDG coils to certain Middle Eastern markets are still standing at $810-820/mt ex-works for September production.
If demand does not register some improvements, Turkish HDG prices will likely soften, both in the local and export markets.