TURKEY COATED FLAT STEEL: Demand drives steady incline in domestic, export markets

December 05, 2020 / www.metalbulletin.com / Article Link

Turkish prices for hot-dipped galvanized coil (HDG) and color-coated coil (pre-painted galvanized iron or PPGI) continued their uptrend in the week to Friday December 4 on strong demand, sources told Fastmarkets.

The price of hot-rolled coil in Turkey, the base product for coated coil, rose by 4.5% week on week, lending additional support to the coated flat steel prices.
Fastmarkets' weekly price assessment for steel HRC, domestic, exw Turkey was $690-700 per tonne on Friday, rising from 660-670 per tonne on November 27.

In addition, some coated coil producers in Turkey reported low inventories for HRC, so they have made a limited quantity of offers for the last three...

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