Over the past two weeks, Turkish domestic merchant bar producers have mostly raised their official merchant bar prices by TRY 250-300/mt ($5-6/mt) amid the ongoing currency fluctuations, with prices in the local currency only remaining unchanged in the Iskenderun region, falling by $2/mt on US dollar basis. In the Iskenderun region, one mill is offering its equal angles at TRY 19,900/mt ($585/mt) ex-works today, September 4.
Most merchant bar sellers are offering either for deliveries in October or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,500/mt ($778/mt) for delivery to the Karabuk region.
Most local buyers are in wait-and-see mode for now.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,050-22,200 |
648-652 |
+300 |
+6 |
Karabuk Region (30-100mm) |
21,050-21,450 |
618-630 |
+250 |
+5 |
Iskenderun Region (30-100 mm) |
19,900 |
585 |
0 |
-2 |
Izmir Region (30-100 mm) |
21,550-21,700 |
633-637 |
+300 |
+6 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,090-22,240 |
649-653 |
+300 |
+6 |
Karabuk Region (30-100mm) |
21,090-21,490 |
620-631 |
+250 |
+5 |
Iskenderun Region (30-100 mm) |
19,940 |
586 |
0 |
-2 |
Izmir Region (30-100 mm) |
21,590-21,740 |
634-639 |
+300 |
+6 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,050-22,200 |
648-652 |
+300 |
+6 |
Karabuk Region (30-100 mm) |
21,050-21,450 |
618-630 |
+250 |
+5 |
Iskenderun Region (30-100 mm) |
19,900 |
585 |
0 |
-2 |
Izmir Region (30-50 mm) |
21,550-21,700 |
633-637 |
+300 |
+6 |
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, August 21.
$1 = TRY 34.04
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