Due to the continuously changing US$/TRY exchange rate, the offer price levels given by the Turkish producers earlier this week have now softened in the Turkish domestic merchant bar market. As of today, October 30, 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 740-800/mt ($486-525/mt), angles stand at TRY 740-800/mt ($486-525/mt), and flat bars and square bars are at TRY 750-810/mt ($492-532/mt) - all prices are ex-works, on actual weight basis and excluding VAT.
Angles:
Denizli region (30-100 mm) |
TRY 760-780/mt |
Karabuk region (30-100mm) |
TRY 740-760/mt |
Iskenderun region (30-100 mm) |
TRY 740-760/mt |
Izmir region (30-100 mm) |
TRY 780-800/mt |
Flat bars:
Iskenderun region |
TRY 750-770/mt |
Denizli region |
TRY 770-790/mt |
Karabuk region |
TRY 740-760/mt |
Izmir region |
TRY 790-810/mt |
Square bars:
Denizli region |
TRY 770-790/mt |
Karabuk region |
TRY 740-760/mt |
Izmir region |
TRY 790-810/mt |
Iskenderun region |
TRY 750-770/mt |
IPN-UPN:
Denizli region |
TRY 760-780/mt |
Izmir region |
TRY 780-800/mt |
Iskenderun region |
TRY 740-760/mt |
It should be considered that some producers may offer at lower levels than the abovementioned prices depending on their stock levels.
TRY 1 = US$0.65649