Local Turkish merchant bar prices increase slightly

Tuesday, 25 August 2020 17:28:21 (GMT+3)   |   Istanbul
       

Turkish domestic merchant bar prices have been increased by $3-4/mt over the past two weeks due to currency fluctuations, though demand is limited.

Most buyers continue to make their purchases for their daily needs and some project-basis requirements. Most of the re-rollers are offering material for late September-October deliveries.

Equal Angle Prices:  

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Price change ($/mt)

Denizli Region (30-100 mm)

3,740-3,790

506-513

+100

+3

Karabuk Region (30-100mm)

3,580-3,650

484-494

+100

+4

Iskenderun Region (30-100 mm)

3,610-3,620

488-490

+100

+4

Izmir Region (30-100 mm)

3,700-3,750

501-507

+100

+4

Flat Bar Prices: 

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Price change ($/mt)

Denizli Region (30-100 mm)

3,770-3,820

510-517

+100

+3

Karabuk Region (30-100mm)

3,610-3,680

488-498

+100

+4

Iskenderun Region (30-100 mm)

3,640-3,650

493-494

+100

+4

Izmir Region (30-100 mm)

3,730-3,780

505-512

+100

+4

NPI-NPU Prices: 

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Price change ($/mt)

Denizli Region (30-100 mm)

3,740-3,790

506-513

+100

+3

Karabuk Region (30-100 mm)

3,580-3,650

484-494

+100

+4

Iskenderun Region (30-100 mm)

3,610-3,620

488-490

+100

+4

Izmir Region (30-50 mm)

3,700-3,750

501-507

+100

+4

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 Wednesday, July 29. 

$1 = TRY 7.39

 


Similar articles

Asian rebar market to keep rising, despite stable ex-China prices this week

26 Apr | Longs and Billet

Domestic rebar prices in Taiwan - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

US domestic rebar prices remain firm

25 Apr | Longs and Billet

Turkey’s ex-Baltic scrap prices move up, following deep sea prices

25 Apr | Scrap & Raw Materials

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Turkish domestic rebar spot prices stable

25 Apr | Longs and Billet

Import scrap prices in Bangladesh mainly stable in new containerized deals, more negotiations for bulk

25 Apr | Scrap & Raw Materials

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet