Turkish merchant bar prices have remained almost unchanged for two weeks. Even if the prices soften on a US$ basis, they do not soften on a TRY basis due to the $/TRY exchange rate. As of today, the merchant bar prices in this market, depending on size, thickness and region, are at the following levels: small IPN-UPN are priced at TRY 1,020-1,080/mt ($801-848/mt), 80-100-120 mm IPE are at TRY 1,220-1,370/mt ($958-1,075/mt), angles stand at TRY 1,020-1,080/mt ($801-848/mt), and flat bars and square bars are at TRY 1,030-1,090/mt ($809-856/mt) - all prices are ex-works, on actual weight basis and excluding VAT.
Angles:
Denizli region (30-100 mm) |
TRY 1,060-1,080/mt |
Karabuk region (30-100mm) |
TRY 1,030-1,050/mt |
Iskenderun region (30-100 mm) |
TRY 1,020-1,040/mt |
Izmir region (30-100 mm) |
TRY 1,050-1,070/mt |
Flat bars:
Iskenderun region |
TRY 1,030-1,050/mt |
Denizli region |
TRY 1,070-1,090/mt |
Karabuk region |
TRY 1,040-1,060/mt |
Izmir region |
TRY 1,060-1,080/mt |
Square bars:
Denizli region |
TRY 1,070-1,090/mt |
Karabuk region |
TRY 1,040-1,060/mt |
Izmir region |
TRY 1,060-1,080/mt |
Iskenderun region |
TRY 1,030-1,050/mt |
IPN-UPN:
Denizli region |
TRY 1,060-1,080/mt |
Izmir region |
TRY 1,050-1,070/mt |
Iskenderun region |
TRY 1,020-1,040/mt |
IPE:
Iskenderun region (100-120 mm) |
TRY 1,220-1,240/mt |
Izmir region (80-120 mm) |
TRY 1,350-1,370/mt |
All the above prices exclude VAT.
TRY 1= US$0.78549