Merchant bar prices in local Turkish market

The Turkish domestic merchant bar market has started the week by maintaining the price levels seen last week. Meanwhile, difficulties on the demand side have been continuing. Buyers have preferred to purchase just to satisfy their needs, and have been playing an active role in determining price levels. As of December 19, merchant bar prices in the Turkish domestic merchant bar market, depending on size, thickness and region, are at the following levels: small IPN-UPN are priced at TRY 730-760/mt ($481-501/mt) and angles are at TRY 730-760/mt ($481-501/mt), while flat bars and square bars are at TRY 740-760/mt ($487-501/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:

Flat bars:

Square bars:

IPN-UPN:

US$1 = TRY 1.51807