Following the holiday period, silence has been predominating in the Turkish domestic merchant bar market. The offers given by the mills this week are nearly at the same levels as before the holiday. It is expected that the price levels will gain greater clarity in the coming days. As of today, December 16, merchant bar prices in this market, depending on size, thickness and region, are at the following levels: small IPN-UPN are priced at TRY 780-800/mt ($497-509/mt) and angles are at TRY 770-800/mt ($490-509/mt), while flat bars and square bars are at TRY 780-810/mt ($497-516/mt) - all prices are ex-works, on actual weight basis and excluding VAT. However, it should be taken into consideration that some mills may offer at below these levels depending on their stocks.
Angles:
Denizli region (30-100 mm) |
TRY 780-800/mt |
Karabuk region (30-100 mm) |
TRY 770-780/mt |
Iskenderun region (30-100 mm) |
TRY 770-790/mt |
Izmir region (30-100 mm) |
TRY 790-800/mt |
Flat bars:
Iskenderun region |
TRY 800-810/mt |
Denizli region |
TRY 780-800/mt |
Karabuk region |
TRY 780-790/mt |
Izmir region |
TRY 800-810/mt |
Square bars:
Denizli region |
TRY 780-800/mt |
Karabuk region |
TRY 780-790/mt |
Izmir region |
TRY 800-810/mt |
Iskenderun region |
TRY 800-810/mt |
IPN-UPN:
Denizli region |
TRY 780-800/mt |
Izmir region |
TRY 790-800/mt |
Iskenderun region |
TRY 770-790/mt |
US$1 = TRY 1.57089