TURKEY COATED FLAT STEEL: Prices drop amid weakening feedstock costs, lower demand

September 26, 2020 / www.metalbulletin.com / Article Link

Turkish prices in the domestic market for hot-dipped galvanized coil (HDG) and color-coated coil (pre-painted galvanized iron or PPGI) fell in the week to September 25 after buyers retreated.

Buyers held back from making purchases to see if price falls would continue, market sources said.
Prices were under downward pressure from weakening global prices for hot-rolled coil, the base product for coated coil.

Fastmarkets' steel hot-rolled coil index export, fob main port China was $504.59 per tonne...

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