TURKEY COATED FLAT STEEL: Prices fall again on weak demand, political worries

Turkish prices for hot-dipped galvanized coil (HDG) and pre-painted galvanized iron (PPGI) fell in the week to Friday October 11, with demand remaining weak, sources have told Fastmarkets.

The price for hot-rolled coil, the base product for coated coil, has continued to fall as well this week, and coated coil prices have followed the downtrend.
Domestic prices
Demand in the country’s local market was poor over the pricing week because of falling prices for all steel products globally, as well as the political uncertainty in the wider Middle East.

On October 9, Turkey launched “Operation Peace Spring” in the area...


Serife Durmus

October 11, 2019

15:15 GMT