According to market sources, domestic producers' prices in some regions of the local Turkish structural steel market have moved sideways during the past week against the backdrop of relatively steady US dollar-Turkish lira exchange rate since July 6, while in other regions slackness in demand has caused declines in prices. Demand for structural steel is currently weak in the local Turkish market but market sources believe it may increase slightly after Ramadan.
As of today, July 8, structural steel prices in the Turkish domestic market are as follows:
Denizli region
NPI-NPU 160 mm |
TRY 1,320-1,350/mt ($490-502/mt) |
NPI-NPU 180-200 mm |
TRY 1,350-1,380/mt ($502-513/mt) |
T Profile 25 mm |
TRY 1,450-1,480/mt ($539-550/mt) |
T Profile 50 mm |
TRY 1,470-1,500/mt ($546-558/mt) |
Square 10-25 mm |
TRY 1,360-1,380/mt ($506-513/mt) |
Square 25-50 mm |
TRY 1,370-1,390/mt ($509-517/mt) |
Izmir region
NPI-NPU 65-160 mm |
TRY 1,300-1,330/mt ($483-494/mt) |
NPI-NPU 180-200 mm |
TRY 1,330-1,360/mt ($494-506/mt) |
Square 10-25 mm |
TRY 1,340-1,370/mt ($498-509/mt) |
Square 25-50 mm |
TRY 1,360-1,390/mt ($506-517/mt) |
Karabuk region
NPI-NPU 160 mm |
€440/mt ($484/mt) |
NPI-NPU 180-300 mm |
€445-455/mt ($490-501/mt) |
NPI-NPU 320-550 mm |
€515/mt ($567/mt) |
HEA/HEB 120-180 mm |
€455/mt ($501/mt) |
HEA/HEB 220-260 mm |
€515/mt ($567/mt) |
The above prices, which exclude VAT, are on ex-works basis.
$1 = TRY 2.69
€1 = $1.10