Demand in local Turkish merchant bar market impacted by Ramadan

Thursday, 15 June 2017 14:41:11 (GMT+3)   |   Istanbul
       

Demand in the local Turkish merchant bar market has been impacted by Ramadan, with buyers still only concluding purchases in line with their needs. Domestic merchant bar prices have respectively declined in Turkey's Karabuk and Iskenderun regions by TRY20 and TRY 50/mt compared to the price levels recorded on May 17, while prices in the Izmir and Denizli regions have remained stable in the same period.
 
Domestic merchant bar prices in the Turkish market depending on size, thickness and region are at the following levels:

Equal Angle Prices:  

 

Region

Prices (TRY/mt)

Denizli Region (30-100 mm)

1,780-1,800 ($509-514/mt)

Karabuk Region (30-100mm)

1,760-1,800 ($503-514/mt)

Iskenderun Region (30-100 mm)

1,700-1,730 ($486-494/mt)

Izmir Region (30-100 mm)

1,750-1,770 ($500-506/mt)

Flat Bar Prices:

 

Region

Prices (TRY/mt)

Denizli Region (30-100 mm)

1,810-1,830 ($517-523/mt)

Karabuk Region (30-100mm)

1,790-1,830 ($511-523/mt)

Iskenderun Region (30-100 mm)

1,730-1,760 ($494-503/mt)

Izmir Region (30-100 mm)

1,780-1,800 ($509-514/mt)

NPI-NPU Prices:

 

Region

Prices (TRY/mt)

Denizli Region (30-100 mm)

1,780-1,800 ($509-514/mt)

Karabuk Region (30-100 mm)

1,760-1,800 ($503-514/mt)

Iskenderun Region (30-100 mm)

1,700-1,730 ($486-494/mt)

Izmir Region (30-50 mm)

1,750-1,770 ($500-506/mt)

All prices are ex-works, on actual weight basis, for June delivery and excluding VAT.
 
It should be considered that offers below the prices ranges in question may be available, depending on the buyer and on the method of payment.
 
$1 = TRY 3.50


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