Over the past week, Turkish domestic merchant bar producers have mostly kept their official merchant bar prices stable in the local currency, with a decrease of $4/mt on US dollar basis, against the backdrop of the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 19,750-20,080/mt ($597-607/mt) ex-works today, July 30, indicating a decrease of TRY 250/mt ($12/mt).
Most merchant bar sellers are offering either for deliveries in August or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,500/mt ($801/mt) for delivery to the Karabuk region.
The general sentiment on the demand side is negative so far and additional discounts are applicable for serious buyers.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
657-662 |
0 |
-4 |
Karabuk Region (30-100mm) |
20,500-20,900 |
620-632 |
0 |
-4 |
Iskenderun Region (30-100 mm) |
19,750-20,080 |
597-607 |
-250 |
-12 |
Izmir Region (30-100 mm) |
21,250-21,400 |
642-647 |
0 |
-4 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,790-21,940 |
659-663 |
0 |
-5 |
Karabuk Region (30-100mm) |
20,540-20,940 |
621-633 |
0 |
-4 |
Iskenderun Region (30-100 mm) |
19,790-20,120 |
598-608 |
-250 |
-12 |
Izmir Region (30-100 mm) |
21,290-21,440 |
644-648 |
0 |
-4 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
657-662 |
0 |
-4 |
Karabuk Region (30-100 mm) |
20,500-20,900 |
620-632 |
0 |
-4 |
Iskenderun Region (30-100 mm) |
19,750-20,080 |
597-607 |
-250 |
-12 |
Izmir Region (30-50 mm) |
21,250-21,400 |
642-647 |
0 |
-4 |
The above prices exclude 20 percent VAT, are on ex-works basis and for cash payment. Price changes in the tables above are calculated as compared to Wednesday, July 24.
$1 = TRY 33.08