Merchant bar prices in local Turkish market

Tuesday, 28 October 2008 14:09:27 (GMT+3)   |  
       

Turkish merchant bar producers' offers in the Turkish market have been maintaining their weakening trend. The price ranges have been varying depending on the changes in the US$/TRY exchange rate. As of today, October 28, the merchant bar prices in this market, depending on size, thickness and region, are at the following levels: small IPN-UPN are priced at TRY 810-860/mt ($516-548/mt, angles stand at TRY 810-860/mt ($516-548/mt), flat bars and square bars are at TRY 810-870/mt ($516-554/mt), and IPEs are at TRY 910-1,050/mt ($580-669/mt) - all prices are ex-works, on actual weight basis and excluding VAT. It should be taken into consideration that some producers may give offers at lower levels than the abovementioned prices depending on their stock levels.

Angles:

Denizli region (30-100 mm)

     TRY 810-830/mt        

Karabuk region (30-100mm)

     TRY 800-820/mt        

Iskenderun region (30-100 mm)

     TRY 830-850/mt           

Izmir region (30-100 mm)

     TRY 840-860/mt         

Flat bars:

Iskenderun region

    TRY 840-860/mt

Denizli region

    TRY 820-840/mt

Karabuk region

    TRY 810-830/mt

Izmir region

    TRY 850-870/mt

Square bars:

Denizli region

   TRY 820-840/mt    

Karabuk region

   TRY 810-830/mt   

Izmir region

   TRY 850-870/mt   

Iskenderun region

   TRY 840-860/mt   

IPN-UPN:

Denizli region

     TRY 810-830/mt

Izmir region

     TRY 840-860/mt   

Iskenderun region

     TRY 830-850/mt

IPE:

Iskenderun region (100-120 mm)

     TRY 910-930/mt

Izmir region (80-120 mm )

     TRY 1,130-1,150/mt

All the above prices exclude VAT.

TRY 1 = US$0.637


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