Over the past week, Turkish domestic official merchant bar prices have risen by TRY 230-570/mt ($13-30/mt) amid currency fluctuations and costlier import scrap. One Iskenderun-based mill has raised its merchant bar list prices by $30/mt to $755/mt ex-works over the same period.
Most merchant bar sellers are offering for February delivery and only limited tonnages are available from stocks. A few re-rollers are officially offering HEA/HEB (100-200 mm, standard) at $950/mt ex-works for now.
Most merchant bar buyers are monitoring import scrap and billet prices trend and purchasing only in line with their daily needs.
Equal Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
14,680-14,860 |
780-790 |
+330 |
+18 |
Karabuk Region (30-100mm) |
14,300-14,390 |
760-765 |
+230 |
+13 |
Iskenderun Region (30-100 mm) |
14,200-14,390 |
755-765 |
+570 |
+30 |
Izmir Region (30-100 mm) |
14,490-14,670 |
770-780 |
+330 |
+18 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
14,710-14,890 |
782-792 |
+330 |
+17 |
Karabuk Region (30-100mm) |
14,330-14,420 |
762-767 |
+230 |
+12 |
Iskenderun Region (30-100 mm) |
14,230-14,420 |
757-767 |
+570 |
+31 |
Izmir Region (30-100 mm) |
14,520-14,700 |
772-781 |
+330 |
+17 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
14,680-14,860 |
780-790 |
+330 |
+18 |
Karabuk Region (30-100 mm) |
14,300-14,390 |
760-765 |
+230 |
+13 |
Iskenderun Region (30-100 mm) |
14,200-14,390 |
755-765 |
+570 |
+30 |
Izmir Region (30-50 mm) |
14,490-14,670 |
770-780 |
+330 |
+18 |
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 Tuesday, January 24.
$1 = TRY 18.81