This week in the Turkish domestic merchant bar market, prices have shown slight increases in the range of TRY 10-20/mt ($6-13/mt). The uptrend in billet prices has forced Turkish mills to raise their finished steel prices. As of January 9, merchant bar prices in the Turkish domestic market, depending on size, thickness and region, are at the following levels: small IPN-UPN are priced at TRY 770-800/mt ($495-514/mt) and angles are at TRY 750-800/mt ($482-514/mt), while flat bars and square bars are at TRY 750-810/mt ($482-520/mt) - all prices are ex-works, on actual weight basis and excluding VAT.
Angles:
Denizli region (30-100 mm) |
TRY 790-800/mt |
Karabuk region (30-100 mm) |
TRY 750-760/mt |
Iskenderun region (30-100 mm) |
TRY 770-780/mt |
Izmir region (30-100 mm) |
TRY 790-800/mt |
Flat bars:
Iskenderun region |
TRY 790-800/mt |
Denizli region |
TRY 800-810/mt |
Karabuk region |
TRY 750-760/mt |
Izmir region |
TRY 790-800/mt |
Square bars:
Denizli region |
TRY 800-810/mt |
Karabuk region |
TRY 750-760/mt |
Izmir region |
TRY 790-800/mt |
Iskenderun region |
TRY 790-800/mt |
IPN-UPN:
Denizli region |
TRY 790-800/mt |
Izmir region |
TRY 790-800/mt |
Iskenderun region |
TRY 770-780/mt |
US$1 = TRY 1.55644