Over the past week, demand in the local Turkish hot dip galvanized (HDG) coil market has remained weak. Buyers have postponed their purchases, preferring to monitor the global markets ahead of the end-of-Ramadan holiday.
Domestic producers’ HDG prices in the local Turkish market are currently as follows:
Product |
Price ($/mt) |
Weekly Change ($/mt) |
HDG 0.50 mm 100gr/m² |
730-760 |
- |
HDG 1 mm 100gr/m² |
685-710 |
- |
HDG 2 mm 100gr/m² |
650-665 |
- |
Meanwhile, demand has remained sluggish for Turkish HDG in the export markets as well, while Turkish mills’ HDG export quotations have remained unchanged week on week at $720-750/mt FOB.