Demand in the local Turkish merchant bar market has remained at weak levels over the past month, while prices have trended down in the same period. Although the slackness of demand is mainly due to year-end considerations, it is not expected to recover in the short term after the start of the New Year.
In the local Turkish market, merchant bar prices depending on size, thickness and region are at the following levels:
| Equal Angle Prices: | |||
| Region | Prices (TRY/mt) | Weekly change (TRY/mt) | |
| Denizli Region (30-100 mm) | 1,170 - 1,180 ($400-403/mt) | ↓ | 10 |
| Karabuk Region (30-100mm) | 1,100 - 1,110 ($376-379/mt) | ↓ | 20 |
| Iskenderun Region (30-100 mm) | 1,045 - 1,055 ($357-360/mt) | ↓ | 40 |
| Izmir Region (30-100 mm) | 1,140 - 1,150 ($389-393/mt) | ↓ | 10 |
| Flat Bar Prices: | |||
| Region | Prices (TRY/mt) | Weekly change (TRY/mt) | |
| Denizli Region (30-100 mm) | 1,190 - 1,220 ($407-417/mt) | ↓ | 10 |
| Karabuk Region (30-100mm) | 1,130 - 1,140 ($386-389/mt) | ↓ | 30 |
| Iskenderun Region (30-100 mm) | 1,075 - 1,085 ($367-371/mt) | ↓ | 40 |
| Izmir Region (30-100 mm) | 1,160 - 1,170 ($396-400/mt) | ↓ | 10 |
| NPI-NPU Prices: , | |||
| Region | Prices (TRY/mt) | Weekly change (TRY/mt) | |
| Denizli Region (30-100 mm) | 1,170 - 1,180 ($400-403/mt) | ↓ | 10 |
| Karabuk Region (30-100 mm) | 1,100 - 1,110 ($376-379/mt) | ↓ | 30 |
| Iskenderun Region (30-100 mm) | 1,045 - 1,055 ($357-360/mt) | ↓ | 40 |
| Izmir Region (30-50 mm) | 1,140 - 1,150 ($389-393/mt) | ↓ | 10 |
All prices are ex-works, on actual weight basis, for December shipment and excluding VAT.
$1 = TRY 2.93