Turkish merchant bar prices have been maintaining their downtrend under the influence of the ongoing declines in raw material and semi-finished steel product prices. As of today, October 15, 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 870-910/mt ($624-652/mt), 80-100-120 mm IPE are at TRY 990-1,220/mt ($710-875/mt), angles stand at TRY 870-910/mt ($624-652/mt), and flat bars and square bars are at TRY 880-920/mt ($631-660/mt) - all prices are ex-works, on actual weight basis and excluding VAT.
Angles:
Denizli region (30-100 mm) | TRY 900-910/mt |
Karabuk region (30-100mm) | TRY 880-890/mt |
Iskenderun region (30-100 mm) | TRY 870-880/mt |
Izmir region (30-100 mm) | TRY 900-910/mt |
Flat bars:
Iskenderun region | TRY 880-890/mt |
Denizli region | TRY 910-920/mt |
Karabuk region | TRY 880-890/mt |
Izmir region | TRY 910-920/mt |
Square bars:
Denizli region | TRY 910-920/mt |
Karabuk region | TRY 880-890/mt |
Izmir region | TRY 910-920/mt |
Iskenderun region | TRY 880-890/mt |
IPN-UPN:
Denizli region | TRY 900-910/mt |
Izmir region | TRY 900-910/mt |
Iskenderun region | TRY 870-880/mt |
IPE:
Iskenderun region (100-120 mm) | TRY 990-1,010/mt |
Izmir region (80-120 mm) | TRY 1,200-1,220/mt |
All the above prices exclude VAT.
TRY 1= US$0.717