Local Turkish merchant bar prices soften slightly

Thursday, 15 November 2018 17:57:03 (GMT+3)   |   Istanbul
       

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:   

     

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: 

     

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: 

     

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

 


Similar articles

Turkish official merchant bar export prices move sideways

29 Mar | Longs and Billet

Local Turkish merchant bar prices mostly stable in local currency

26 Mar | Longs and Billet

US merchant bar imports up 33.8 percent in January

22 Mar | Steel News

Iskenderun-based Turkish mill revises merchant bar prices

22 Mar | Longs and Billet

Ex-Turkey official merchant bar prices stable

22 Mar | Longs and Billet

Turkish domestic dollar-based merchant bar prices soften

19 Mar | Longs and Billet

China’s steel bar exports total 1.63 million mt in Jan-Feb, down 6.6%

19 Mar | Steel News

Turkish official merchant bar export prices soften

15 Mar | Longs and Billet

Local Turkish merchant bar prices revised to offset currency fluctuations

13 Mar | Longs and Billet

Turkey exhausts its merchant bar import quota for UK

13 Mar | Steel News