Demand in the local Turkish merchant bar market is still low, while prices have remained stable over the past week. Meanwhile, in the local Turkish market merchant bar prices depending on size, thickness and region are at the following levels: small IPN-UPN are priced at TRY 1,230-1,380/mt ($417-468/mt), angles are at TRY 1,240-1,370/mt ($420-464/mt), while flat bars are at TRY 1,270-1,380/mt ($431-468/mt). All prices are ex-works, on actual weight basis, for September shipment and excluding VAT.
$1 = TRY 2.95