Demand has continued to remain quiet in the Turkish domestic market this week. As of October 22, merchant bar prices in the Turkish domestic market, depending on size, thickness and region, are at the following levels: small IPN-UPN are priced at TRY 880-950/mt ($620-670/mt), angles are at TRY 870-950/mt ($613-669/mt), while flat bars and square bars are at TRY 890-960/mt ($627-676/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.
Angles:
Denizli region (30-100 mm) |
TRY 940-950/mt |
Karabuk region (30-100 mm) |
TRY 870-890/mt |
Iskenderun region (30-100 mm) |
TRY 880-910/mt |
Izmir region (30-100 mm) |
TRY 940-950/mt |
Flat bars:
Iskenderun region |
TRY 935-945/mt |
Denizli region |
TRY 950-960/mt |
Karabuk region |
TRY 890-900/mt |
Izmir region |
TRY 950-960/mt |
Square bars:
Denizli region |
TRY 950-960/mt |
Karabuk region |
TRY 890-900/mt |
Izmir region |
TRY 950-960/mt |
Iskenderun region |
TRY 935-945/mt |
IPN-UPN:
Denizli region |
TRY 940-950/mt |
Izmir region |
TRY 940-950/mt |
Iskenderun region |
TRY 880-910/mt |
US$1 = TRY 1.42