Demand has continued to remain quiet in the Turkish domestic market this week. As of November 2, 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 910-950/mt ($641-670/mt), angles are at TRY 890-950/mt ($627-670/mt), while flat bars and square bars are at TRY 910-970/mt ($641-684/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 890-910/mt |
Iskenderun region (30-100 mm) |
TRY 910-925/mt |
Izmir region (30-100 mm) |
TRY 940-950/mt |
Flat bars:
Iskenderun region |
TRY 950-960/mt |
Denizli region |
TRY 960-970/mt |
Karabuk region |
TRY 910-920/mt |
Izmir region |
TRY 960-970/mt |
Square bars:
Denizli region |
TRY 960-970/mt |
Karabuk region |
TRY 910-920/mt |
Izmir region |
TRY 960-970/mt |
Iskenderun region |
TRY 950-960/mt |
IPN-UPN:
Denizli region |
TRY 940-950/mt |
Izmir region |
TRY 940-950/mt |
Iskenderun region |
TRY 910-925/mt |
US$1 = TRY 1.419