Turkish prices for hot-dipped galvanized coil (HDG), and color-coated coil or pre-painted galvanized iron (PPGI), increased in the week to Friday November 8, despite demand remaining weak, sources told Fastmarkets.
The rise in raw materials prices is the reason for the higher steel prices, they added.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was at $253.4 per tonne on November 7, rising from $247.89 per tonne on November 1.Some coated coil producers in...