Turkish merchant bar producers have decreased their official domestic merchant bar prices by TRY 100-200/mt ($4-7/mt) week on week against the backdrop of the ongoing currency fluctuations and sluggish demand. Additional discounts are applicable for cash payments. One Iskenderun-based mill issued its equal angle price at TRY 28,200/mt ($602/mt) ex-works today, July 7, also down by TRY 200/mt ($7/mt) over the same period.
Most merchant bar sellers are offering either for deliveries in August or from stocks, depending on the size.
Angle prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 29,300-29,900 | 626-638 | -100 | -4 |
| Karabuk Region (30-100mm) | 28,700-29,000 | 613-619 | -100 | -4 |
| Iskenderun Region (30-100 mm) | 28,200 | 602 | -200 | -7 |
| Izmir Region (30-100 mm) | 28,700-29,300 | 613-626 | -100 | -4 |
Flat Bar Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 29,340-29,940 | 627-639 | -100 | -5 |
| Karabuk Region (30-100mm) | 28,740-29,040 | 614-620 | -100 | -5 |
| Iskenderun Region (30-100 mm) | 28,240 | 603 | -200 | -7 |
| Izmir Region (30-100 mm) | 28,740-29,340 | 614-627 | -100 | -4 |
NPI-NPU Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 29,300-29,900 | 626-638 | -100 | -4 |
| Karabuk Region (30-100 mm) | 28,700-29,000 | 613-619 | -100 | -4 |
| Iskenderun Region (30-100 mm) | 28,200 | 602 | -200 | -7 |
| Izmir Region (30-50 mm) | 28,700-29,300 | 613-626 | -100 | -4 |
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, June 30.
$1 = TRY 46.83