The Turkish domestic merchant bar market has closed the week with price increases. Against the background of increasing scrap and billet prices, producers have a tendency to raise their prices. Despite this, it is possible to see different price levels in the market. As of December 26, 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 730-790/mt ($487-527/mt) and angles are at TRY 730-800/mt ($487-534/mt), while flat bars and square bars are at TRY 770-810/mt ($514-540/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 760-780/mt |
Karabuk region (30-100 mm) |
TRY 790-800/mt |
Iskenderun region (30-100 mm) |
TRY 730-790/mt |
Izmir region (30-100 mm) |
TRY 760-780/mt |
Flat bars:
Iskenderun region |
TRY 790-810/mt |
Denizli region |
TRY 770-780/mt |
Karabuk region |
TRY 790-800/mt |
Izmir region |
TRY 770-780/mt |
Square bars:
Denizli region |
TRY 770-780/mt |
Karabuk region |
TRY 790-800/mt |
Izmir region |
TRY 770-780/mt |
Iskenderun region |
TRY 790-810/mt |
IPN-UPN:
Denizli region |
TRY 760-780/mt |
Izmir region |
TRY 760-780/mt |
Iskenderun region |
TRY 730-790/mt |
US$1 = TRY 1.4990