Local Turkish merchant prices increase slightly

Tuesday, 27 August 2019 10:11:19 (GMT+3)   |   Istanbul
       

SteelOrbis has been informed that Turkish merchant bar producers have increased their domestic prices due to the depreciation of the Turkish lira against the US dollar. Accordingly, overall angle prices of Turkish mills have increased by TRY 70/mt on the lower end as compared to Monday, August 19, to TRY 2,720-2,890/mt ex-works, excluding 18 percent VAT. 

Equal Angle Prices:   

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Denizli Region (30-100 mm)

2,880-2,890

494-496

+40 (on the lower end)

Karabuk Region (30-100mm)

2,720-2,750

467-472

0

Iskenderun Region (30-100 mm)

2,740-2,750

470-472

+90

Izmir Region (30-100 mm)

2,840-2,850

487-489

+40 (on the lower end)

 

Flat Bar Prices: 

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Denizli Region (30-100 mm)

2,910-2,920

499-501

+40 (on the lower end)

Karabuk Region (30-100mm)

2,750-2,780

472-477

0

Iskenderun Region (30-100 mm)

2,770-2,780

475-477

+90

Izmir Region (30-100 mm)

2,870-2,880

492-494

+40 (on the lower end)

 

NPI-NPU Prices: 

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Denizli Region (30-100 mm)

2,880-2,890

494-496

+40 (on the lower end)

Karabuk Region (30-100 mm)

2,720-2,750

467-472

0

Iskenderun Region (30-100 mm)

2,740-2,750

470-472

+90

Izmir Region (30-50 mm)

2,840-2,850

487-489

+40 (on the lower end)

 

The above prices exclude 18 percent VAT and are on ex-works basis. Price changes in the tables above are calculated as compared to Monday, August 19.

$1 = TRY 5.83


Most Recent Related Articles

Kardemir’s unexpectedly competitive billet prices attract buyers

Turkish mill Kardemir sells around 42,000 mt of merchant bar locally

Turkish merchant bar producers try to follow uptrend

Local Turkish merchant bar market quiet ahead of the holiday

Ex-Turkey merchant bar prices under pressure