Due to the political and economic turmoil in Turkey following the coup attempt on July 15, demand for domestic merchant bar in the country has remained at low levels during the past two weeks. In the same period, domestic merchant bar prices in the Turkish market have moved up slightly due to the Turkish lira losing significant strength against the US dollar.
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) | Price change (TRY/mt) | |
14.07.2016 | |||
Denizli Region (30-100 mm) | 1,340-1,350 ($444-447/mt) | ↑ | 10 |
Karabuk Region (30-100mm) | 1,300-1,320 ($430-437/mt) | ↑ | 20 |
Iskenderun Region (30-100 mm) | 1,265-1,295 ($419-429/mt) | ↑ | 15 |
Izmir Region (30-100 mm) | 1,310-1,320 ($434-437/mt) | ↑ | 10 |
Flat Bar Prices:
Region | Prices (TRY/mt) | Price change (TRY/mt) | |
14.07.2016 | |||
Denizli Region (30-100 mm) | 1,370-1,380 ($454-457/mt) | ↑ | 10 |
Karabuk Region (30-100mm) | 1,330-1,350 ($440-447/mt) | ↑ | 20 |
Iskenderun Region (30-100 mm) | 1,295-1,325 ($429-439/mt) | ↑ | 15 |
Izmir Region (30-100 mm) | 1,340-1,350 ($444-447/mt) | ↑ | 10 |
NPI-NPU Prices:
Region | Prices (TRY/mt) | Price change (TRY/mt) | |
14.07.2016 | |||
Denizli Region (30-100 mm) | 1,340-1,350 ($444-447/mt) | ↑ | 10 |
Karabuk Region (30-100 mm) | 1,300-1,320 ($430-437/mt) | ↑ | 20 |
Iskenderun Region (30-100 mm) | 1,265-1,295 ($419-429/mt) | ↑ | 15 |
Izmir Region (30-50 mm) | 1,310-1,320 ($434-437/mt) | ↑ | 10 |
All prices are ex-works, on actual weight basis, for August 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 3.02