In the local Turkish merchant bar market, demand only exists within the scope of meeting immediate needs as buyers have been finding it difficult to gain a clear picture of the market amid negative economic conditions despite the Turkish lira strengthening against the US dollar following previous fluctuations. During the past two weeks, Turkish merchant bar prices have declined by TRY 10-100/mt ($1.85-18.5/mt) ex-works, depending on the changes in regional demand.
Equal Angle Prices: |
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Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Denizli Region (30-100 mm) |
3,160-3,180 |
585-589 |
↓100 |
Karabuk Region (30-100mm) |
2,990-3,010 |
554-557 |
↓10 |
Iskenderun Region (30-100 mm) |
2,950-2,970 |
546-550 |
↓80 |
Izmir Region (30-100 mm) |
3,130-3,150 |
579-583 |
↓100 |
Flat Bar Prices: |
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Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Denizli Region (30-100 mm) |
3,190-3,210 |
591-594 |
↓100 |
Karabuk Region (30-100mm) |
3,020-3,040 |
559-563 |
↓10 |
Iskenderun Region (30-100 mm) |
2,980-3,000 |
552-555 |
↓80 |
Izmir Region (30-100 mm) |
3,160-3,180 |
585-589 |
↓100 |
NPI-NPU Prices: |
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Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Denizli Region (30-100 mm) |
3,160-3,180 |
585-589 |
↓100 |
Karabuk Region (30-100 mm) |
2,990-3,010 |
554-557 |
↓10 |
Iskenderun Region (30-100 mm) |
2,950-2,970 |
546-550 |
↓80 |
Izmir Region (30-50 mm) |
3,130-3,150 |
579-583 |
↓100 |
The above prices exclude 18 percent VAT and are on ex-works basis.
$1 = TRY 5.40