Turkish mills’ domestic merchant bar offers have moved up by TRY 30/mt over the past week to TRY 3,080-3,290/mt ($507-546/mt) ex-works, excluding 18 percent VAT. This rise in domestic merchant bar prices is a result of expectations of higher scrap quotations, the positive mood observed after the US cut duties on steel imports from Turkey, and the slight increase recorded in domestic billet prices in Turkey.
Equal Angle Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
|
Denizli Region (30-100 mm) |
3,280-3,290 |
538-539 |
↑30 |
|
Karabuk Region (30-100mm) |
3,150-3,200 |
516-525 |
↑30 |
|
Iskenderun Region (30-100 mm) |
3,080-3,090 |
505-507 |
↑30 |
|
Izmir Region (30-100 mm) |
3,250-3,260 |
533-534 |
↑30 |
Flat Bar Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
|
Denizli Region (30-100 mm) |
3,310-3,320 |
543-544 |
↑30 |
|
Karabuk Region (30-100mm) |
3,180-3,230 |
521-530 |
↑30 |
|
Iskenderun Region (30-100 mm) |
3,110-3,120 |
510-511 |
↑30 |
|
Izmir Region (30-100 mm) |
3,280-3,290 |
538-539 |
↑30 |
NPI-NPU Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
|
Denizli Region (30-100 mm) |
3,280-3,290 |
538-539 |
↑30 |
|
Karabuk Region (30-100 mm) |
3,150-3,200 |
516-525 |
↑30 |
|
Iskenderun Region (30-100 mm) |
3,080-3,090 |
505-507 |
↑30 |
|
Izmir Region (30-50 mm) |
3,250-3,260 |
533-534 |
↑30 |
The above prices exclude 18 percent VAT and are on ex-works basis.
$1 = TRY 6.10