Over the past week, demand in the local Turkish hot dip galvanized coil (HDG) market has remained slack, while buyers have exerted downward pressure on prices. However, Turkish mills have been unwilling to decrease their prices. Prices in the local Turkish HDG market are presented in the following table.
Product |
Price ($/mt) |
Weekly change ($/mt) |
HDG 0.50 mm 100gr/m² |
680-710 |
- |
HDG 1 mm 100gr/m² |
645-660 |
- |
HDG 2 mm 100gr/m² |
595-615 |
- |
In the same period, Turkish mills’ HDG export prices have remained stable week on week at $675-695/mt FOB.