Turkish domestic merchant bar prices have increased by $15-18/mt over the past two weeks. The main reasons for this uptrend are stronger scrap and billet prices, coupled with the lira exchange rate fluctuations seen over this period.
Most re-rollers are offering material for late October-early November deliveries due to the limited supply in certain product groups.
Equal Angle Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,930-3,940 |
524-525 |
+170 |
+15 |
|
Karabuk Region (30-100mm) |
3,760-3,850 |
501-513 |
+190 |
+18 |
|
Iskenderun Region (30-100 mm) |
3,790-3,800 |
505-507 |
+180 |
+17 |
|
Izmir Region (30-100 mm) |
3,890-3,900 |
519-520 |
+170 |
+15 |
Flat Bar Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,960-3,970 |
528-529 |
+170 |
+15 |
|
Karabuk Region (30-100mm) |
3,790-3,880 |
505-517 |
+190 |
+18 |
|
Iskenderun Region (30-100 mm) |
3,820-3,830 |
509-511 |
+180 |
+17 |
|
Izmir Region (30-100 mm) |
3,920-3,930 |
523-524 |
+170 |
+15 |
NPI-NPU Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
3,930-3,940 |
524-525 |
+170 |
+15 |
|
Karabuk Region (30-100 mm) |
3,760-3,850 |
501-513 |
+190 |
+18 |
|
Iskenderun Region (30-100 mm) |
3,790-3,800 |
505-507 |
+180 |
+17 |
|
Izmir Region (30-50 mm) |
3,890-3,900 |
519-520 |
+170 |
+15 |
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 Tuesday, August 25.
$1 = TRY 7.50