Against the background of the higher activity levels seen in the Turkish domestic merchant bar market towards the end of last week and also given the fluctuations in the US$/TRY exchange rate, merchant bar prices this week in the Turkish domestic merchant bar market have remained the same compared to last week. As of today, November 4, 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 740-780/mt ($486-525/mt), angles stand at TRY 740-780/mt ($479-505/mt), and flat bars and square bars are at TRY 750-790/mt ($485-511/mt) - all prices are ex-works, on actual weight basis and excluding VAT.
Angles:
Denizli region (30-100 mm) | TRY 760-780/mt |
Karabuk region (30-100 mm) | TRY 740-760/mt |
Iskenderun region (30-100 mm) | TRY 740-760/mt |
Izmir region (30-100 mm) | TRY 760-780/mt |
Flat bars:
Iskenderun region | TRY 750-770/mt |
Denizli region | TRY 770-790/mt |
Karabuk region | TRY 750-770/mt |
Izmir region | TRY 770-790/mt |
Square bars:
Denizli region | TRY 770-790/mt |
Karabuk region | TRY 750-770/mt |
Izmir region | TRY 770-790/mt |
Iskenderun region | TRY 750-770/mt |
IPN-UPN:
Denizli region | TRY 760-780/mt |
Izmir region | TRY 760-780/mt |
Iskenderun region | TRY 740-760/mt |
TRY 1 = US$0.647073