Price levels in Turkish merchant bar market

Wednesday, 04 June 2014 15:05:26 (GMT+3)   |   Istanbul
       

As SteelOrbis has heard, in the local Turkish market merchant bar prices depending on size, thickness and region are at the following levels: small IPN-UPN are priced at TRY 1,300-1,360/mt ($610-638/mt), angles are at TRY 1,300-1,360/mt ($610-638/mt), while flat bars are at TRY 1,350-1,410/mt ($634-662/mt). All prices are ex-works, on actual weight basis and excluding VAT.
 
Also, it should be considered that some mills may give offers below the above price levels depending on their stocks.
 
$1 = TRY 2.13

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