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World News
Turkish HDG may increase in the first quarter
Demand for hot-dip galvanized steel coil in the Turkish domestic market weakened again after a short time recovery. The domestic manufacturers remain the same price as mid October, at about 780-800 USD/tons shipped for HDG steel 0.5mm thickness.
The manufacturer said the closing order is filled until early 2013. Some people started ordering from the beginning of November. The market is steel reduced and will likely until mid-December.

But no chance of price down that may even increase in the first quarter of next year. Despite this adjustment is likely not due to the market is not ready and the demand is still weak.

Demand from the export market of Turkey, specially Europe, is also very slow. Competition in the domestic market is also on the rise.

Source: Satthep

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