Turkish merchant bar producers have kept their official domestic merchant bar prices stable over the past week, except in the Iskenderun region where merchant bar prices have risen by TRY 250/mt and TRY 200/mt respectively over the past two days, against the backdrop of the ongoing currency fluctuations and relatively better demand expectations from Syria. In the Iskenderun region, one mill is offering its equal angles at TRY 21,450/mt ($616/mt) ex-works.
Most merchant bar sellers are offering either for deliveries in late January or from stocks, depending on the size. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 27,000/mt ($775/mt) ex-works, for delivery to the Osmaniye region, stable in the local currency since the beginning of this week.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,700-22,900 |
652-657 |
0 |
-3 |
Karabuk Region (30-100mm) |
21,400-21,600 |
614-620 |
0 |
-2 |
Iskenderun Region (30-100 mm) |
21,450 |
616 |
+450 |
+11 |
Izmir Region (30-100 mm) |
22,200-22,400 |
637-643 |
0 |
-2 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,740-22,940 |
653-658 |
0 |
-2 |
Karabuk Region (30-100mm) |
21,440-21,640 |
615-621 |
0 |
-2 |
Iskenderun Region (30-100 mm) |
21,490 |
617 |
+450 |
+11 |
Izmir Region (30-100 mm) |
22,240-22,440 |
638-644 |
0 |
-2 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,700-22,900 |
652-657 |
0 |
-3 |
Karabuk Region (30-100 mm) |
21,400-21,600 |
614-620 |
0 |
-2 |
Iskenderun Region (30-100 mm) |
21,450 |
616 |
+450 |
+11 |
Izmir Region (30-50 mm) |
22,200-22,400 |
637-643 |
0 |
-2 |
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 Monday, December 2.
$1 = TRY 34.84
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