Price levels in Turkish merchant bar market

Monday, 03 March 2014 17:47:04 (GMT+3)   |   Istanbul

As SteelOrbis has heard, in the local Turkish market merchant bar prices depending on size, thickness and region are at the following levels: small IPN-UPN are priced at TRY 1,300-1,400/mt ($586-631/mt), angles are at TRY 1,300-1,400/mt ($586-631/mt), while flat bars are at TRY 1,320-1,430/mt ($595-644/mt). All prices are ex-works, on actual weight basis and excluding VAT.

Also, it should be considered that some mills may give offers below these levels depending on their stocks.

$1 = TRY 2.22


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