Over the past week, Turkish merchant bar producers have mostly cut their official domestic merchant bar prices by TRY 300/mt ($9/mt), except in the Iskenderun region where merchant bar prices have remained unchanged week on week amid the weaker import scrap prices. In the Iskenderun region, one mill is still offering its equal angles at TRY 22,250/mt ($650/mt) ex-works today, October 31.
Most merchant bar sellers are offering either for deliveries in late November- 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 ($819/mt) ex-works, for delivery to the Osmaniye region, also unchanged over the same period.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,550-23,700 |
688-692 |
-300 |
-9 |
Karabuk Region (30-100mm) |
22,700-23,100 |
663-674 |
-300 |
-9 |
Iskenderun Region (30-100 mm) |
22,250 |
650 |
0 |
0 |
Izmir Region (30-100 mm) |
23,050-23,200 |
673-677 |
-300 |
-9 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,590-23,740 |
689-693 |
-300 |
-9 |
Karabuk Region (30-100mm) |
22,740-23,140 |
664-676 |
-300 |
-9 |
Iskenderun Region (30-100 mm) |
22,290 |
651 |
0 |
0 |
Izmir Region (30-100 mm) |
23,090-23,240 |
674-679 |
-300 |
-9 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,550-23,700 |
688-692 |
-300 |
-9 |
Karabuk Region (30-100 mm) |
22,700-23,100 |
663-674 |
-300 |
-9 |
Iskenderun Region (30-100 mm) |
22,250 |
650 |
0 |
0 |
Izmir Region (30-50 mm) |
23,050-23,200 |
673-677 |
-300 |
-9 |
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 22.
$1 = TRY 34.25