Latest situation in local Turkish merchant bar market

Thursday, 13 October 2016 16:37:12 (GMT+3)   |   Istanbul
       

Demand for domestic production merchant bar in Turkey has remained at low levels during the past month. However, with the support of the upward movement of import scrap and finished steel quotations in Turkey over the past week, Turkish merchant bar producers have raised their prices.
 
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)

08.09.2016

Denizli Region (30-100 mm)

1,340-1,400 ($434-453/mt)

35

Karabuk Region (30-100mm)

1,270-1,320 ($411-427/mt)

15

Iskenderun Region (30-100 mm)

1,260-1,290 ($408-417/mt)

25

Izmir Region (30-100 mm)

1,310-1,360 ($424-440/mt)

30

 

Flat Bar Prices:

 

Region

Prices (TRY/mt)

Price change (TRY/mt)

08.09.2016

Denizli Region (30-100 mm)

1,370-1,430 ($443-463/mt)

35

Karabuk Region (30-100mm)

1,300-1,350 ($421-437/mt)

15

Iskenderun Region (30-100 mm)

1,290-1,320 ($417-427/mt)

25

Izmir Region (30-100 mm)

1,340-1,390 ($434-450/mt)

30

NPI-NPU Prices:

 

Region

Prices (TRY/mt)

Price change (TRY/mt)

08.09.2016

Denizli Region (30-100 mm)

1,340-1,400 ($434-453/mt)

35

Karabuk Region (30-100 mm)

1,270-1,320 ($411-427/mt)

15

Iskenderun Region (30-100 mm)

1,260-1,290 ($408-417/mt)

25

Izmir Region (30-50 mm)

1,310-1,360 ($424-440/mt)

30

All prices are ex-works, on actual weight basis, for October 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 3.09


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