Due to lower import scrap quotations recorded in Turkey, local Turkish merchant bar prices have also moved down. Also, SteelOrbis has been informed that Turkish merchant bar producers have decreased their angle prices by an average of TRY 60/mt as compared to Tuesday, August 27, to TRY 2,640-2,850/mt ex-works, excluding 18 percent VAT.
Equal Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Denizli Region (30-100 mm) |
2,840-2,850 |
499-501 |
-40 |
Karabuk Region (30-100mm) |
2,700-2,730 |
475-480 |
-20 |
Iskenderun Region (30-100 mm) |
2,640-2,650 |
464-466 |
-100 |
Izmir Region (30-100 mm) |
2,800-2,810 |
492-494 |
-40 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Denizli Region (30-100 mm) |
2,870-2,880 |
504-506 |
-40 |
Karabuk Region (30-100mm) |
2,730-2,760 |
480-485 |
-20 |
Iskenderun Region (30-100 mm) |
2,670-2,680 |
469-471 |
-100 |
Izmir Region (30-100 mm) |
2,830-2,840 |
497-499 |
-40 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Denizli Region (30-100 mm) |
2,840-2,850 |
499-501 |
-40 |
Karabuk Region (30-100 mm) |
2,700-2,730 |
475-480 |
-20 |
Iskenderun Region (30-100 mm) |
2,640-2,650 |
464-466 |
-100 |
Izmir Region (30-50 mm) |
2,800-2,810 |
492-494 |
-40 |
The above prices exclude 18 percent VAT and are on ex-works basis. Price changes in the tables above are calculated as compared to Tuesday, August 27.
$1 = TRY 5.69