Merchant bar prices in local Turkish market

Wednesday, 09 April 2008 14:27:48 (GMT+3)   |  
       

The local Turkish merchant bar producers are maintaining their price levels in line with the strong performance of the billet market. The merchant bar prices as of Wednesday, April 9, in the local Turkish market, depending on size, thickness and region, are at the following levels: small NPI-NPU are priced at TRY 1,270-1,290/mt ($982-997/mt), 100-120 mm IPE at TRY 1,300-1,310/mt ($1,005-1,013/mt), angles at TRY 1,265-1,290/mt ($978-997/mt), flat bars and square bars at TRY 1,275-1,300/mt ($985-1,005/mt) - all prices are ex-works, on actual weight basis and excluding VAT. The prices also may differ in the sales price levels of traders (who had previously taken position), which are lower than the mills' levels and depending on ups and downs in the exchange rates of the Turkish lira and other currencies.

Angles:

Denizli region (30-100 mm)

     TRY 1,270-1,290/mt

Karabuk region (30-100 mm)

     TRY 1,270-1,285/mt  

Iskenderun region (30-100 mm)

     TRY 1,265-1,280/mt  

Izmir region (30-100 mm)

     TRY 1,270-1,290/mt

Flat bars:

Iskenderun region

     TRY 1,275-1,285/mt

Denizli region

     TRY 1,280-1,300/mt

Karabuk region

     TRY 1,280-1,295/mt

Izmir region

     TRY 1,280-1,300/mt

Square bars:

Denizli region

    TRY 1,280-1,300/mt

Karabuk region

    TRY 1,280-1,295/mt

Izmir region

    TRY 1,280-1,300/mt

Iskenderun region

    TRY 1,275-1,285/mt

NPI-NPU:

Denizli region

TRY 1,280-1,290/mt

Karabuk region (160-200 mm)

TRY 1,260/mt

Karabuk region (220-550 mm)

TRY 1,630/mt

Iskenderun region

TRY 1,270-1,280/mt

IPE:

Iskenderun region (100-120 mm)

 TRY 1,300-1,310/mt

Karabuk region (160-200 mm)

 TRY 1,260/mt

All the above prices exclude VAT.


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