According to market sources, domestic producers' prices in the local Turkish structural steel market have mostly declined by TRY 30-70/mt during the past week, except for prices in the Karabuk region. Demand for structural steel has remained weak in the local Turkish market in the same period, while the slight improvement seen in demand has failed to satisfy Turkish steel producers.
As of today, July 30, structural steel prices in the Turkish domestic market are as follows:
Denizli region
Product | Price (TRY/mt) | Price ($/mt) |
NPI-NPU 160 mm | 1,260-1,280 | 453-460 |
NPI-NPU 180-200 mm | 1,280-1,300 | 460-468 |
T Profile 25 mm | 1,380-1,400 | 496-504 |
T Profile 50 mm | 1,410-1,430 | 507-514 |
Square 10-25 mm | 1,320-1,340 | 475-482 |
Square 25-50 mm | 1,340-1,360 | 482-489 |
Izmir region
Product | Price (TRY/mt) | Price ($/mt) |
NPI-NPU 65-160 mm | 1,240-1,260 | 446-453 |
NPI-NPU 180-200 mm | 1,260-1,280 | 453-460 |
Square 10-25 mm | 1,290-1,310 | 464-471 |
Square 25-50 mm | 1,300-1,320 | 468-475 |
Karabuk region
Product | Price (€/mt) | Price ($/mt) |
NPI-NPU 160 mm | 440 | 484 |
NPI-NPU 180-200 mm | 445 | 490 |
NPI-NPU 320-550 mm | 515 | 567 |
HEA/HEB 120-180 mm | 455 | 501 |
HEA/HEB 200-260 mm | 515 | 567 |
The above prices, which exclude VAT, are on ex-works basis.
$1 = TRY 2.78
€1 = $1.10