Prices revised in Turkish domestic merchant bar market

Tuesday, 01 November 2011 17:17:43 (GMT+3)   |  
       

SteelOrbis has learned that local merchant bar prices in Turkey depending on size, thickness and region are at the following levels: small IPN-UPN are priced at TRY 1,190-1,240/mt ($662-690/mt), angles are at TRY 1,190-1,245/mt ($662-690/mt), while flat bars and square bars are at TRY 1,240-1,275/mt ($690-710/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 these levels depending on their stocks.

US$1 = TRY 1.797


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