Weak demand in local Turkish merchant bar market

Tuesday, 31 March 2015 17:17:32 (GMT+3)   |   Istanbul
       

Demand in the local Turkish merchant bar market has not seen much of a change during the last two weeks, remaining sluggish, while price levels have more or less moved sideways.
 
Meanwhile, 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 1,200-1,310/mt ($460-502/mt), angles are at TRY 1,200-1,310/mt ($460-502/mt), while flat bars are at TRY 1,240-1,350/mt ($475-517/mt). All prices are ex-works, on actual weight basis and excluding VAT.
 
$1 = TRY 2.61

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