Demand has continued to remain quiet in the Turkish domestic market this week. As of November 12, 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 930-980/mt ($652-687/mt), angles are at TRY 930-980/mt ($652-687/mt), while flat bars and square bars are at TRY 950-1,000/mt ($666-701/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.
Merchant bar prices on TRY basis have been updated today, due to changes in the US dollar/Turkish lira exchange rate.
Angles:
Denizli region (30-100 mm) |
TRY 970-980/mt |
Karabuk region (30-100 mm) |
TRY 930-940/mt |
Iskenderun region (30-100 mm) |
TRY 930-940/mt |
Izmir region (30-100 mm) |
TRY 970-980/mt |
Flat bars:
Iskenderun region |
TRY 960-970/mt |
Denizli region |
TRY 990-1,000/mt |
Karabuk region |
TRY 950-960/mt |
Izmir region |
TRY 990-1,000/mt |
Square bars:
Denizli region |
TRY 990-1,000/mt |
Karabuk region |
TRY 950-960/mt |
Izmir region |
TRY 990-1,000/mt |
Iskenderun region |
TRY 960-970/mt |
IPN-UPN:
Denizli region |
TRY 970-980/mt |
Izmir region |
TRY 970-980/mt |
Iskenderun region |
TRY 930-940/mt |
US$1 = TRY 1.427