Iskenderun-based Turkish mill cuts its merchant bar prices as week ends    

Friday, 01 November 2024 13:52:10 (GMT+3)   |   Istanbul

An Iskenderun-based Turkish mill has cut its equal angle (30-100 mm) price by TRY 450/mt ($15/mt) to TRY 21,800/mt ($635/mt) ex-works today, November 1, as compared to yesterday, amid the ongoing currency fluctuations and weaker import scrap prices.

A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 28,050/mt ($817/mt), stable in the local currency and with a minor change on US dollar basis, for delivery to Osmaniye.

$1 = TRY 34.32

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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