Over the past week, Turkish domestic merchant bar producers have mostly increased their official merchant bar prices by TRY 100-250/mt with minor changes on US dollar basis against the backdrop of the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 20,000-20,330/mt ($604-614/mt) ex-works today, July 17.
Most merchant bar sellers are offering either for deliveries in late July and in August delivery or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,750/mt ($808/mt) for delivery to the Karabuk region. The price has risen by TRY 100/mt, with a decrease of $2/mt on US dollar basis over the same period.
Most local buyers are purchasing only in line with their daily needs and are monitoring the import scrap price trend.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
657-662 |
+100 |
-1 |
Karabuk Region (30-100mm) |
20,500-20,900 |
619-631 |
+100 |
-1 |
Iskenderun Region (30-100 mm) |
20,000-20,330 |
604-614 |
+250 |
+4 |
Izmir Region (30-100 mm) |
21,250-21,400 |
642-647 |
+100 |
0 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,790-21,940 |
658-663 |
+100 |
0 |
Karabuk Region (30-100mm) |
20,540-20,940 |
621-633 |
+100 |
0 |
Iskenderun Region (30-100 mm) |
20,040-20,370 |
605-615 |
+250 |
+4 |
Izmir Region (30-100 mm) |
21,290-21,440 |
643-648 |
+100 |
-1 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
657-662 |
+100 |
-1 |
Karabuk Region (30-100 mm) |
20,500-20,900 |
619-631 |
+100 |
-1 |
Iskenderun Region (30-100 mm) |
20,000-20,330 |
604-614 |
+250 |
+4 |
Izmir Region (30-50 mm) |
21,250-21,400 |
642-647 |
+100 |
0 |
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 Wednesday, July 10.
$1 = TRY 33.1
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