Over the past two weeks, Turkish merchant bar producers have decreased their official domestic merchant bar prices by TRY 200-400/mt ($10-16/mt), amid the ongoing currency fluctuations and the sluggish demand. In the Iskenderun region, one mill is offering its equal angles at TRY 20,750/mt ($580/mt) ex-works.
Most merchant bar sellers are offering either for deliveries in February-early March or from stocks, depending on the size.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,600-22,800 |
632-637 |
-400 |
-16 |
Karabuk Region (30-100mm) |
21,100-21,600 |
590-604 |
-200 |
-10 |
Iskenderun Region (30-100 mm) |
20,750 |
580 |
-250 |
-12 |
Izmir Region (30-100 mm) |
22,100-22,300 |
618-623 |
-400 |
-16 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,640-22,840 |
633-639 |
-400 |
-16 |
Karabuk Region (30-100mm) |
21,140-21,640 |
591-605 |
-200 |
-10 |
Iskenderun Region (30-100 mm) |
20,790 |
581 |
-250 |
-12 |
Izmir Region (30-100 mm) |
22,140-22,340 |
619-625 |
-400 |
-16 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,600-22,800 |
632-637 |
-400 |
-16 |
Karabuk Region (30-100 mm) |
21,100-21,600 |
590-604 |
-200 |
-10 |
Iskenderun Region (30-100 mm) |
20,750 |
580 |
-250 |
-12 |
Izmir Region (30-50 mm) |
22,100-22,300 |
618-623 |
-400 |
-16 |
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, January 14.
$1 = TRY 35.77
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