Over the past week, Turkish merchant bar producers have raised their official domestic merchant bar prices by TRY 450-550/mt ($13-15/mt) against the backdrop of the ongoing currency fluctuations and the positive sentiment in the import scrap segment. In the Iskenderun region, one mill is offering its equal angles at TRY 21,500/mt ($628/mt) ex-works today, October 8.
Most merchant bar sellers are offering either for deliveries in November 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 ($819/mt) ex-works, for delivery to the Karabuk region.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,550-23,700 |
687-692 |
+550 |
+15 |
Karabuk Region (30-100mm) |
22,500-22,900 |
657-668 |
+500 |
+14 |
Iskenderun Region (30-100 mm) |
21,500 |
628 |
+450 |
+13 |
Izmir Region (30-100 mm) |
23,050-23,200 |
673-677 |
+550 |
+15 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,590-23,740 |
689-693 |
+550 |
+15 |
Karabuk Region (30-100mm) |
22,540-22,940 |
658-670 |
+500 |
+14 |
Iskenderun Region (30-100 mm) |
21,540 |
629 |
+450 |
+12 |
Izmir Region (30-100 mm) |
23,090-23,240 |
674-678 |
+550 |
+15 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,550-23,700 |
687-692 |
+550 |
+15 |
Karabuk Region (30-100 mm) |
22,500-22,900 |
657-668 |
+500 |
+14 |
Iskenderun Region (30-100 mm) |
21,500 |
628 |
+450 |
+13 |
Izmir Region (30-50 mm) |
23,050-23,200 |
673-677 |
+550 |
+15 |
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 1.
$1 = TRY 34.26