TURKEY COATED FLAT STEEL: Prices increase on stronger demand

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 15, with demand improving on low stocks and expectations that prices will rise further, sources told Fastmarkets.

They attributed the rise in steel prices to higher raw materials prices.
Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $260.03 per tonne on November 14, up from $254.80 per tonne on November 1.

Some coated coil producers in...


Serife Durmus

November 15, 2019

15:06 GMT