Turkish domestic merchant bar prices have been hiked by $11-20/mt over the past two weeks due to stronger scrap prices and currency fluctuations. In addition, a few re-rollers which are currently focusing more on their export order deliveries have closed their merchant bar sales ahead of the Feast of Sacrifice holiday.
“Last week demand was better. Some buyers are on hold for new purchases, to gain a clearer picture after the holiday,” one source is mentioned.
Equal Angle Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,370-3,420 |
484-491 |
+125 |
+11 |
|
Karabuk Region (30-100mm) |
3,260-3,270 |
468-469 |
+145 |
+14 |
|
Iskenderun Region (30-100 mm) |
3,250-3,260 |
466-468 |
+180 |
+20 |
|
Izmir Region (30-100 mm) |
3,330-3,380 |
478-485 |
+125 |
+11 |
Flat Bar Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,400-3,450 |
488-495 |
+125 |
+11 |
|
Karabuk Region (30-100mm) |
3,290-3,300 |
472-473 |
+145 |
+14 |
|
Iskenderun Region (30-100 mm) |
3,280-3,290 |
471-472 |
+180 |
+19 |
|
Izmir Region (30-100 mm) |
3,360-3,410 |
482-489 |
+125 |
+11 |
NPI-NPU Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,370-3,420 |
484-491 |
+125 |
+11 |
|
Karabuk Region (30-100 mm) |
3,260-3,270 |
468-469 |
+145 |
+14 |
|
Iskenderun Region (30-100 mm) |
3,250-3,260 |
466-468 |
+180 |
+20 |
|
Izmir Region (30-50 mm) |
3,330-3,380 |
478-485 |
+125 |
+11 |
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 Tuesday, July 14.
$1 = TRY 6.97