EUROPE HDG: Domestic prices under pressure from cheaper Turkish offers

By Maria Tanatar / April 25, 2018 / www.metalbulletin.com / Article Link

Domestic prices for hot-dipped galvanized coil (HDG) in the EU have been under pressure from low offers from Turkey, sources told Metal Bulletin on Wednesday April 25.

"HDG prices [in Southern Europe] showed a reduction due to the offers from Turkey. European steelmakers are struggling to get close to the level of import prices," an Italian trader said.Metal Bulletin's weekly price assessment for imported HDG in Southern Europe was ?,?600-650 ($733-794) per tonne cfr main ports on April 25, down...

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