Over the past week, Turkish merchant bar producers have mostly kept their official domestic merchant bar prices unchanged in the local currency, with minor changes on US dollar basis. Merchant bar prices have only increased in the Iskenderun region, by TRY 50/mt ($2/mt), against the backdrop of the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 22,250/mt ($650/mt) ex-works today, October 22. The same mill cut its merchant bar price by TRY 200/mt, or by an average of $5/mt, compared to yesterday, amid sluggish demand.
Most merchant bar sellers are offering either for deliveries in November-early December or from stocks, depending on the size. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 28,050/mt ($819/mt) ex-works, for delivery to the Osmaniye region, stable week on week.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,850-24,000 |
696-701 |
0 |
+1 |
Karabuk Region (30-100mm) |
23,000-23,400 |
672-683 |
0 |
0 |
Iskenderun Region (30-100 mm) |
22,250 |
650 |
+50 |
+2 |
Izmir Region (30-100 mm) |
23,350-23,500 |
682-686 |
0 |
0 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,890-24,040 |
698-702 |
0 |
+1 |
Karabuk Region (30-100mm) |
23,040-23,440 |
673-684 |
0 |
+1 |
Iskenderun Region (30-100 mm) |
22,290 |
651 |
+50 |
+2 |
Izmir Region (30-100 mm) |
23,390-23,540 |
683-687 |
0 |
0 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,850-24,000 |
696-701 |
0 |
+1 |
Karabuk Region (30-100 mm) |
23,000-23,400 |
672-683 |
0 |
+1 |
Iskenderun Region (30-100 mm) |
22,250 |
650 |
+50 |
+2 |
Izmir Region (30-50 mm) |
23,350-23,500 |
682-686 |
0 |
0 |
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 Tuesday, October 15.
$1 = TRY 34.25