In the Turkish domestic merchant bar market prices have declined by TRY 10/mt ($6/mt) in general as compared to last week due to sluggish demand, with the exception of the Iskenderun region where prices have so far remained unchanged.
SteelOrbis has learned that local merchant bar prices in Turkey depending on size, thickness and region are at the following levels: small IPN-UPN are priced at TRY 1,115-1,150/mt ($699-720/mt), angles are at TRY 1,110-1,150/mt ($695-720/mt), while flat bars and square bars are at TRY 1,130-1,170/mt ($708-733/mt). All prices are ex-works, on actual weight basis and excluding VAT.
Also, it should be considered that some mills may give offers below these levels depending on their stocks.
Angles:
Denizli region (30-100 mm) |
TRY 1,140-1,150/mt |
Karabuk region (30-100 mm) |
TRY 1,110-1,120/mt |
Iskenderun region (30-100 mm) |
TRY 1,115-1,145/mt |
Izmir region (30-100 mm) |
TRY 1,140-1,150/mt |
Flat bars:
Iskenderun region |
TRY 1,150-1,160/mt |
Denizli region |
TRY 1,160-1,170/mt |
Karabuk region |
TRY 1,130-1,140/mt |
Izmir region |
TRY 1,160-1,170/mt |
Square bars:
Denizli region |
TRY 1,160-1,170/mt |
Karabuk region |
TRY 1,130-1,140/mt |
Izmir region |
TRY 1,160-1,170/mt |
Iskenderun region |
TRY 1,150-1,160/mt |
IPN-UPN:
Denizli region |
TRY 1,140-1,150/mt |
Izmir region |
TRY 1,140-1,150/mt |
Iskenderun region |
TRY 1,115-1,145/mt |
US$1 = TRY 1.597