Turkish coated coil prices increase again

Coated coil prices in Turkey increased again in the week ending Friday, November 24, mainly because of higher production costs, sources told Fastmarkets.
Demand was not very strong during the week because buyers are not interested in placing orders toward the end of the year to avoid carrying over high inventories into 2024.

Domestic prices
Fastmarkets’ weekly price assessment for steel hot-dipped galvanized coil domestic, exw Turkey was $830-840 per tonne on November 24, rising from $800-820 per tonne on November 17.

Turkish producers sold 0.5mm thick HDG with Z100 coating at around $830-850 per tonne ex-works during the past seven days, rising from the previous offers at $800-820 per tonne ex-works.

Fastmarkets’ weekly price assessment for steel pre-painted galvanized, domestic, exw Turkey was $930-950 per tonne on Friday, rising from $900-930 per tonne on November 17.

Offer prices for pre-painted galvanized iron, also known as color-coated coil, of 0.50 mm thickness with 9002 color code, came in at $930-950 per tonne ex-works over the past seven days, rising from last week offers at $900-930 per tonne ex-works.

HDG exports
Fastmarkets’ weekly price assessment for steel HDG, export, FOB Turkey was $830-840 per tonne on Friday, rising from $800-820 per tonne on November 17.

HDG of 0.50 mm thickness with Z100 coating was on offer at $830-840 per tonne FOB over the past seven days, but no major deals were heard.

Published by: Serife Durmus