Local Turkish merchant bar prices stable

Tuesday, 11 February 2025 15:59:18 (GMT+3)   |   Istanbul

Over the past week, Turkish merchant bar producers have kept their official domestic merchant bar prices stable with minor changes on US dollar basis amid the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 21,250/mt ($589/mt) ex-works. Additional discounts are applicable for serious buyers as the general sentiment on the demand side is negative amid the snowy weather conditions.

Most merchant bar sellers are offering either for deliveries in March or from stocks, depending on the size. 

Angle Prices:

Region Prices (TRY/mt) Prices ($/mt) Price change (TRY/mt) Price change ($/mt)
Denizli Region (30-100 mm) 23,300-23,500 646-652 0 -2
Karabuk Region (30-100mm) 21,600-22,100 599-613 0 -2
Iskenderun Region (30-100 mm) 21,250 589 0 -2
Izmir Region (30-100 mm) 22,800-23,000 632-638 0 -2

Flat Bar Prices:

Region Prices (TRY/mt) Prices ($/mt) Price change (TRY/mt) Price change ($/mt)
Denizli Region (30-100 mm) 23,340-23,540 647-653 0 -2
Karabuk Region (30-100mm) 21,640-22,140 600-614 0 -2
Iskenderun Region (30-100 mm) 21,290 591 0 -2
Izmir Region (30-100 mm) 22,840-23,040 634-639 0 -2

NPI-NPU Prices:

Region Prices (TRY/mt) Prices ($/mt) Price change (TRY/mt) Price change ($/mt)
Denizli Region (30-100 mm) 23,300-23,500 646-652 0 -2
Karabuk Region (30-100 mm) 21,600-22,100 599-613 0 -2
Iskenderun Region (30-100 mm) 21,250 589 0 -2
Izmir Region (30-50 mm) 22,800-23,000 632-638 0 -2

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 Tuesday, February 4.

$1 = TRY 36.05


Similar articles

Turkish merchant bar export prices trend up amid costlier import billet

05 Dec | Longs and Billet

Local Turkish merchant bar prices mostly increase sharply

02 Dec | Longs and Billet

Ex-Turkey merchant bar prices up slightly, to gain clarity next week

28 Nov | Longs and Billet

Turkish domestic merchant bar prices trend up amid currency fluctuations

24 Nov | Longs and Billet

Turkish merchant bar export prices stable, demand sluggish

21 Nov | Longs and Billet

Turkey exhausts EU’s rebar import quota for Q4

19 Nov | Steel News

Local Turkish official dollar-based merchant bar prices fall slightly, buyers push for discounts

18 Nov | Longs and Billet

Ex-Turkey merchant bar prices move sideways despite rising raw material costs

14 Nov | Longs and Billet

Turkish official domestic dollar-based merchant bar prices soften

11 Nov | Longs and Billet

Turkish merchant bar export prices stable

07 Nov | Longs and Billet