TURKEY COATED FLAT STEEL: Prices fall, demand moderate

Turkish prices for hot-dipped galvanized coil (HDG), and color-coated coil or pre-painted galvanized iron (PPGI), decreased in the week to Friday January 24 amid moderate demand, sources told Fastmarkets.

Demand was moderate because buyers had expected prices to decrease more because of falling scrap prices.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $274.25 per tonne on January 23, down from $280.07 per tonne on...

Published

Serife Durmus

January 24, 2020

15:38 GMT

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