According to market sources, domestic producers' prices in the local Turkish structural steel market have decreased by TRY 10-60/mt during the past week, though producers' prices in the Karabuk region have increased by TRY 5-10/m in the same period. Demand in the Turkish structural steel market has stagnated since last week, causing dealers to reduce their prices.
As of today, August 12, structural steel prices in the Turkish domestic market are as follows:
Denizli region
Product |
Price (TRY/mt) |
Price ($/mt) |
NPI-NPU 160 mm |
1,240-1,270 |
446-457 |
NPI-NPU 180-200 mm |
1,260-1,290 |
453-464 |
T Profile 25 mm |
1,390-1,430 |
500-514 |
T Profile 50 mm |
1,420-1,440 |
511-518 |
Square 10-25 mm |
1,300-1,330 |
468-478 |
Square 25-50 mm |
1,310-1,340 |
471-482 |
Izmir region
Product |
Price (TRY/mt) |
Price ($/mt) |
NPI-NPU 65-160 mm |
1,260-1,300 |
453-468 |
NPI-NPU 180-200 mm |
1,280-1,320 |
460-475 |
Square 10-25 mm |
1,290-1,310 |
464-471 |
Square 25-50 mm |
1,300-1,320 |
468-475 |
Karabuk region
Product |
Price (€/mt) |
Price ($/mt) |
NPI-NPU 160 mm |
440 |
488 |
NPI-NPU 180-200 mm |
445 |
494 |
NPI-NPU 320-550 mm |
515 |
572 |
HEA/HEB 120-180 mm |
455 |
505 |
HEA/HEB 200-260 mm |
515 |
572 |
The above prices, which exclude VAT, are on ex-works basis.
$1 = TRY 2.78
€1 = $1.11