Local Turkish dollar-based merchant bar prices decline

Tuesday, 25 February 2025 16:27:18 (GMT+3)   |   Istanbul

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

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

Marketplace Offers

Equal-Leg Angle

Thickness 10 mm
Edge Length1 120 mm
Edge Length2 120 mm
 
Tedarikçi FEROCOM JSC
View Offer

Equal-Leg Angle

Thickness 12 mm
Edge Length1 125 mm
Edge Length2 125 mm
 
Tedarikçi FEROCOM JSC
View Offer

Equal-Leg Angle

Thickness 10 mm
Edge Length1 140 mm
Edge Length2 140 mm
 
Tedarikçi FEROCOM JSC
View Offer

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