Over the past week, Turkish official domestic dollar-based merchant bar prices have decreased by TRY 30-310/mt ($5-20/mt) amid currency fluctuations and the lack of a clear roadmap for supply of construction materials to rebuilding projects in the earthquake-hit region. One Iskenderun-based mill cut its merchant bar price by $10/mt to $800/mt ex-works on Thursday, March 9, and also decreased its merchant bar price by another $10/mt earlier this week.
Most merchant bar sellers are offering for April delivery and only limited tonnages are available either from stocks or late March delivery. A few re-rollers have also decreased their HEA/HEB (100-200 mm, standard) by $20/mt to $940/mt ex-works, SteelOrbis has heard.
Equal Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
15,650-15,840 |
825-835 |
-35 |
-5 |
Karabuk Region (30-100mm) |
15,180-15,360 |
800-810 |
-80 |
-8 |
Iskenderun Region (30-100 mm) |
14,990-15,180 |
790-800 |
-310 |
-20 |
Izmir Region (30-100 mm) |
15,470-15,650 |
815-825 |
-30 |
-5 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
15,690-15,880 |
827-837 |
-35 |
-5 |
Karabuk Region (30-100mm) |
15,220-15,400 |
802-812 |
-80 |
-7 |
Iskenderun Region (30-100 mm) |
15,030-15,220 |
792-802 |
-310 |
-20 |
Izmir Region (30-100 mm) |
15,510-15,690 |
818-827 |
-30 |
-5 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
15,650-15,840 |
825-835 |
-35 |
-5 |
Karabuk Region (30-100 mm) |
15,180-15,360 |
800-810 |
-80 |
-8 |
Iskenderun Region (30-100 mm) |
14,990-15,180 |
790-800 |
-310 |
-20 |
Izmir Region (30-50 mm) |
15,470-15,650 |
815-825 |
-30 |
-5 |
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 Monday, March 6.
$1 = TRY 18.97