Local Turkish merchant bar prices have risen by TRY 90-192,5/mt ($5-10/mt) compared to Friday, December 2, against the backdrop of higher import scrap and billet prices.
Most merchant bar sellers are offering for late December-early January delivery and only limited tonnages are available from stocks. A few re-rollers have settled their official HEA/HEB (100-200 mm, standard) offers at $880-900/mt ex-works, rising by $10/mt on the lower end. “Buyers mostly restocked materials last week. Currently, demand is relatively silent,” one source mentioned.
Equal Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
13,600-13,800 |
730-740 |
+192.5 |
+10 |
Karabuk Region (30-100mm) |
13,320-13,520 |
715-725 |
+90 |
+5 |
Iskenderun Region (30-100 mm) |
12,870 |
690 |
+100 |
+5 |
Izmir Region (30-100 mm) |
13,420-13,600 |
720-730 |
+180 |
+10 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
13,630-13,830 |
731-742 |
+192.5 |
+11 |
Karabuk Region (30-100mm) |
13,350-13,550 |
716-727 |
+90 |
+5 |
Iskenderun Region (30-100 mm) |
12,900 |
692 |
+100 |
+5 |
Izmir Region (30-100 mm) |
13,450-13,630 |
722-731 |
+180 |
+10 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
13,600-13,800 |
730-740 |
+192.5 |
+10 |
Karabuk Region (30-100 mm) |
13,320-13,520 |
715-725 |
+90 |
+5 |
Iskenderun Region (30-100 mm) |
12,870 |
690 |
+100 |
+5 |
Izmir Region (30-50 mm) |
13,420-13,600 |
720-730 |
+180 |
+10 |
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 Friday, December 2.
$1 = TRY 18.64