Over the past week, Turkish merchant bar producers have maintained their official domestic merchant bar prices unchanged in the local currency, with their dollar-based prices declining by $2-3/mt amid the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 21,250/mt ($583/mt) ex-works. Additional discounts are applicable for serious buyers and cash payment.
Most merchant bar sellers are offering either for deliveries in late March-early April or from stocks, depending on the size.
Angle Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 23,300-23,500 | 639-645 | 0 | -3 |
| Karabuk Region (30-100mm) | 21,600-22,100 | 593-606 | 0 | -2 |
| Iskenderun Region (30-100 mm) | 21,250 | 583 | 0 | -3 |
| Izmir Region (30-100 mm) | 22,800-23,000 | 626-631 | 0 | -3 |
Flat Bar Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 23,340-23,540 | 641-646 | 0 | -3 |
| Karabuk Region (30-100mm) | 21,640-22,140 | 594-608 | 0 | -2 |
| Iskenderun Region (30-100 mm) | 21,290 | 584 | 0 | -3 |
| Izmir Region (30-100 mm) | 22,840-23,040 | 627-632 | 0 | -3 |
NPI-NPU Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 23,300-23,500 | 639-645 | 0 | -3 |
| Karabuk Region (30-100 mm) | 21,600-22,100 | 593-606 | 0 | -2 |
| Iskenderun Region (30-100 mm) | 21,250 | 583 | 0 | -3 |
| Izmir Region (30-50 mm) | 22,800-23,000 | 626-631 | 0 | -3 |
The above prices exclude 20 percent VAT, are on ex-works basis and for cash payment. Price changes in the tables above are calculated as compared to Tuesday, February 18.
$1 = TRY 36.44