Local Turkish merchant bar prices have dropped by TRY 30-75/mt over the past two weeks. Although scrap prices are firm, buyers are cautious as regards new purchases and trading activity is slow. Accordingly, special discounts are applicable for serious buyers. Sources report that some Izmir-based merchant producers are concentrating on local sales instead of on exports due to the new EU import regulations.
Equal Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
3,160-3,220 |
468-477 |
-75 |
-8 |
Karabuk Region (30-100mm) |
3,010-3,020 |
446-447 |
-75 |
-8 |
Iskenderun Region (30-100 mm) |
3,000-3,050 |
444-452 |
-30 |
-1 |
Izmir Region (30-100 mm) |
3,120-3,180 |
462-471 |
-75 |
-8 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
3,190-3,250 |
473-481 |
-75 |
-8 |
Karabuk Region (30-100mm) |
3,040-3,050 |
450-452 |
-75 |
-8 |
Iskenderun Region (30-100 mm) |
3,030-3,080 |
449-456 |
-30 |
-1 |
Izmir Region (30-100 mm) |
3,150-3,210 |
467-476 |
-75 |
-8 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
3,160-3,220 |
468-477 |
-75 |
-8 |
Karabuk Region (30-100 mm) |
3,010-3,020 |
446-447 |
-75 |
-8 |
Iskenderun Region (30-100 mm) |
3,000-3,050 |
444-452 |
-30 |
-1 |
Izmir Region (30-50 mm) |
3,120-3,180 |
462-471 |
-75 |
-8 |
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 Wednesday, May 20.
$1 = TRY 6.75