Turkish merchant bar producers have kept their prices stable in the Iskenderun region in the local currency, with only a $1/mt decrease week on week on US dollar basis. In addition, merchant bar prices in the rest of the country have decreased by TRY 50-100/mt ($3-4/mt) week on week. One Iskenderun-based mill has issued its equal angle price at TRY 25,200/mt ($609/mt) ex-works today, September 23.
Most merchant bar sellers are still offering either for deliveries in October or from stocks, depending on the size.
Most buyers are in wait-and-see mode due to the ongoing currency fluctuations.
Angle prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 25,900-26,200 | 626-633 | -50 | -3 |
| Karabuk Region (30-100mm) | 25,100-25,300 | 606-611 | -100 | -4 |
| Iskenderun Region (30-100 mm) | 25,200 | 609 | 0 | -1 |
| Izmir Region (30-100 mm) | 25,400-25,700 | 614-621 | -50 | -3 |
Flat Bar Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 25,940-26,240 | 627-634 | -50 | -3 |
| Karabuk Region (30-100mm) | 25,140-25,340 | 607-612 | -100 | -4 |
| Iskenderun Region (30-100 mm) | 25,240 | 610 | 0 | -1 |
| Izmir Region (30-100 mm) | 25,440-25,740 | 614-622 | -50 | -3 |
NPI-NPU Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 25,900-26,200 | 626-633 | -50 | -3 |
| Karabuk Region (30-100 mm) | 25,100-25,300 | 606-611 | -100 | -4 |
| Iskenderun Region (30-100 mm) | 25,200 | 609 | 0 | -1 |
| Izmir Region (30-50 mm) | 25,400-25,700 | 614-621 | -50 | -3 |
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 Wednesday, September 17.
$1 = TRY 41.40
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