PRICING NOTICE: Proposal to launch Turkish HDG export price

Metal Bulletin proposes to launch a weekly price assessment for hot-dipped galvanized (HDG) coil exports from Turkey.

The fob Turkish ports, $ per tonne, hot-dipped galvanized coil export price assessment is being launched in response to an increase in demand for Turkish coated coil in 2017 due to the European Commission’s anti-dumping measures against Chinese HDG.

The price will be for HDG of 0.50 mm thickness with a 100g per square meter zinc coating in lot sizes of 25 or 50 tonnes.

The consultation period for this proposed launch will end one month from the date of this pricing notice, on December 7, with changes taking place from December 8.

Metal Bulletin has no financial interest in the level or direction of the index.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Serife Durmus by email at: pricing@metalbulletin.com. Please add the subject heading FAO: Serife Durmus, re: Turkey HDG export price.

To see all Metal Bulletin’s pricing methodology and specification documents go to https://www.metalbulletin.com/prices/pricing-methodology.html

What to read next
Fastmarkets has launched MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonne on July 9 due to an expected increase in Indonesia-origin aluminium exports. MB-AL-0424 Aluminium P1020A premium, fob Indonesia, $/tonneQuality: P1020A or 99.7 % Minimum Al purity (Si 0.10% max, Fe 0.20% max) in line with LME specifications. Ingot, T-bar, sowQuantity: Min 500 tonnesLocation: FOB IndonesiaTiming: […]
Information came to light that mill buying offers had been adjusted for July following Fastmarkets’ settlement of these prices on that date, leading to an incorrect published assessment for the following grades: MB-STE-0789 Steel scrap No1 heavy melting, consumer buying price, fob Montreal, Canadian $/net ton was previously published at C$245 ($179.41) per net ton, a C$10 […]
Fastmarkets has corrected its daily AG-PLM-0012 refined bleached deodorised (RBD) palm olein, fob Indonesia price assessment, which was published incorrectly on July 7 due to an input error.
Fastmarkets has had a strong interest in the proposed new assessments and would like to gather additional information on the specification and grades that should assess.  Based on the feedback, the proposed specifications have been updated as follows:  Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) […]
While Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we have received feedback that there is commercial use for the indices. Therefore, we propose to maintain them for the time being.  The following indices are affected:  The extended consultation period for this proposed discontinuation starts […]
To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]