Domestic merchant bar prices in Turkey have decreased by TRY 30-65/mt week on week, mainly due to negative sentiment in the scrap segment and downward expectations for both local and import prices of billet. Most buyers are cautious regarding new purchases and are aiming to avoid restocking before having a clearer picture of the import scrap market. Market sources indicate that trading activity for large size beams (180 mm and above) is moderate.
Equal Angle Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,010-3,035 |
507-511 |
-30 |
-9 |
|
Karabuk Region (30-100mm) |
2,870-2,900 |
483-488 |
-65 |
-15 |
|
Iskenderun Region (30-100 mm) |
2,860-2,880 |
481-485 |
-35 |
-10 |
|
Izmir Region (30-100 mm) |
2,970-2,995 |
500-504 |
-30 |
-9,5 |
Flat Bar Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,040-3,065 |
512-516 |
-30 |
-12,5 |
|
Karabuk Region (30-100mm) |
2,900-2,930 |
488-493 |
-65 |
-15 |
|
Iskenderun Region (30-100 mm) |
2,890-2,910 |
487-490 |
-35 |
-9,5 |
|
Izmir Region (30-100 mm) |
3,000-3,025 |
505-508 |
-30 |
-10 |
NPI-NPU Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,010-3,035 |
507-511 |
-30 |
-9 |
|
Karabuk Region (30-100 mm) |
2,870-2,900 |
483-488 |
-65 |
-15 |
|
Iskenderun Region (30-100 mm) |
2,860-2,880 |
481-485 |
-35 |
-10 |
|
Izmir Region (30-50 mm) |
2,970-2,995 |
500-504 |
-30 |
-9,5 |
The above prices exclude 18 percent VAT, are on ex-works basis and for cash payment. Price changes in the tables above are calculated as compared to Monday, January 20.
$1 = TRY 5.94