Over the past week, Turkish domestic merchant bar producers have mostly kept their official merchant bar prices stable both in the local currency and on US dollar basis, while only falling in the Iskenderun region, by TRY 165/mt ($5/mt). In the Iskenderun region, one mill is offering its equal angles at TRY 20,050/mt ($598/mt) ex-works today, August 13.
Most merchant bar sellers are offering either for deliveries in late August-September or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,850/mt ($801/mt) for delivery to the Karabuk region.
Most local buyers are exerting pressure for further discounts, maintaining a wait-and-see stance.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
649-653 |
0 |
0 |
Karabuk Region (30-100mm) |
20,800-21,200 |
621-632 |
0 |
0 |
Iskenderun Region (30-100 mm) |
20,050 |
598 |
-165 |
-5 |
Izmir Region (30-100 mm) |
21,250-21,400 |
634-638 |
0 |
0 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,790-21,940 |
650-654 |
0 |
0 |
Karabuk Region (30-100mm) |
20,840-21,240 |
622-633 |
0 |
0 |
Iskenderun Region (30-100 mm) |
20,090 |
599 |
-165 |
-5 |
Izmir Region (30-100 mm) |
21,290-21,440 |
635-640 |
0 |
0 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
649-653 |
0 |
0 |
Karabuk Region (30-100 mm) |
20,800-21,200 |
621-632 |
0 |
0 |
Iskenderun Region (30-100 mm) |
20,050 |
598 |
-165 |
-5 |
Izmir Region (30-50 mm) |
21,250-21,400 |
634-638 |
0 |
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 Tuesday, August 6.
$1 = TRY 33.52
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