SteelOrbis has been informed that prices in the local Turkish structural steel market have moved sideways during the past week, while ahead of the end-of-Ramadan holiday (July 4-7) demand in the local Turkish structural steel market has remained at low levels, with weak transaction activity.
After the holiday, transaction activity in the local Turkish structural market is expected to improve slightly. Also, market sources state that domestic structural steel quotations may be revised after the holiday in line with the future trends of the Turkish lira-US dollar exchange rate and of scrap prices.
As of today, June 30, structural steel prices in the Turkish domestic market are as follows:
Denizli region
Product |
Price (TRY/mt) |
Price ($/mt) |
NPI-NPU 160 mm |
1,360-1,380 |
471-478 |
NPI-NPU 180-200 mm |
1,370-1,400 |
639-484 |
T Profile 25 mm |
1,410-1,460 |
488-505 |
T Profile 50 mm |
1,440-1,490 |
498-516 |
Square 10-25 mm |
1,330-1,360 |
460-471 |
Square 25-50 mm |
1,360-1,390 |
471-481 |
Izmir region
Product |
Price (TRY/mt) |
Price ($/mt) |
NPI-NPU 65-160 mm |
1,330-1,350 |
460-467 |
NPI-NPU 180-200 mm |
1,340-1,370 |
464-474 |
Square 10-25 mm |
1,300-1,330 |
450-460 |
Square 25-50 mm |
1,330-1,360 |
460-471 |
Karabuk region
Product |
Price (€/mt) |
Price ($/mt) |
NPI-NPU 160 mm |
405 |
450 |
NPI-NPU 180-200 mm |
410 |
455 |
NPI-NPU 320-550 mm |
475 |
527 |
HEA/HEB 120-180 mm |
415 |
461 |
HEA/HEB 200-260 mm |
475 |
527 |
The above prices, which exclude VAT, are on ex-works basis.
$1 = TRY 2.89
€1 = $1.11