TURKEY COATED FLAT STEEL: Prices keep increasing; demand strong

Domestic Turkish prices for hot-dipped galvanized coil and color-coated coil (pre-painted galvanized iron or PPGI) continued to increase in the week to Friday November 20, with demand reported to be strong, sources told Fastmarkets.

Coated coil prices increased because of strong demand as well rising prices for hot-rolled coil, the base product for coated coils.
Fastmarkets’ weekly price assessment for steel hot-rolled coil, domestic, exw Turkey was $630-640 per tonne on November 20, rising from $575-585 per tonne on November 13.

In addition, some coated coil producers in Turkey had low...


Serife Durmus

November 20, 2020

16:38 GMT