Over the past two weeks, Turkish official domestic merchant bar prices have remained stable on Turkish lira basis, with falling by $6-7/mt on US dollar basis amid the ongoing currency fluctuations. In addition, one Iskenderun-based mill has kept its equal angle price unchanged at TRY 19,500-19,810/mt ($606-616/mt) ex-works for now.
Most merchant bar sellers are offering either for late April-May delivery or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,750/mt ($823/mt), for delivery to the Karabuk region.
Most local buyers are just back from the holiday and so far they are just monitoring the import scrap and billet price trends.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,600-21,900 |
664-674 |
0 |
-6 |
Karabuk Region (30-100mm) |
20,500-20,900 |
631-643 |
0 |
-6 |
Iskenderun Region (30-100 mm) |
19,500-19,810 |
600-609 |
0 |
-6 |
Izmir Region (30-100 mm) |
21,200-21,500 |
652-661 |
0 |
-6 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,640-21,940 |
666-675 |
0 |
-6 |
Karabuk Region (30-100mm) |
20,540-20,940 |
632-644 |
0 |
-6 |
Iskenderun Region (30-100 mm) |
19,540-19,850 |
601-611 |
0 |
-6 |
Izmir Region (30-100 mm) |
21,240-21,540 |
653-663 |
0 |
-7 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,600-21,900 |
664-674 |
0 |
-6 |
Karabuk Region (30-100 mm) |
20,500-20,900 |
631-643 |
0 |
-6 |
Iskenderun Region (30-100 mm) |
19,500-19,810 |
600-609 |
0 |
-6 |
Izmir Region (30-50 mm) |
21,200-21,500 |
652-661 |
0 |
-6 |
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, April 2.
$1 = TRY 32.51
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