Transaction activity improves slowly in local Turkish structural steel market

Friday, 07 March 2014 16:50:52 (GMT+3)   |   Istanbul
Although demand is not so robust in this week's Turkish domestic structural steel market, prices have recently become more stable on the back of the sideways trend of the US dollar-Turkish lira exchange rate. Accordingly, buyers have now started to resume their previously suspended purchases, albeit slowly.

 Denizli region

NPI-NPU 160 mm

TRY 1,380-1,400/mt ($630-639/mt)

NPI-NPU 180-200 mm

TRY 1,420-1,440/mt ($648-657/mt)

T Profile 25 mm

TRY 1,480-1,500/mt ($675-685/mt)

T Profile 30-40 mm

TRY 1,460-1,480/mt ($666-676/mt)

T Profile 50 mm

TRY 1,500-1,510/mt ($685-690/mt)

Square 10-25 mm

TRY 1,390-1,410/mt ($634-644/mt)

Square 25-50 mm

TRY 1,410-1,430/mt ($643-653/mt)

Izmir region

NPI-NPU 160 mm

TRY 1,470-1,490/mt ($671-680/mt)

NPI-NPU 220-300 mm

TRY 1,480-1,490/mt ($675-680/mt)

HEA/HEB 180 mm

TRY 1,520-1,530/mt ($694-698/mt)

HEA/HEB 200 mm

TRY 1,520-1,530/mt ($694-698/mt)

Square 10-25 mm

TRY 1,430-1,450/mt ($653-662/mt)

Square 25-50 mm

TRY 1,420-1,440/mt ($648-657/mt)

T Profile 25 mm

TRY 1,490-1,510/mt ($680-690/mt)

T Profile 30-40 mm

TRY 1,480-1,500/mt ($676-685/mt)

Karabuk region

NPI-NPU 160 mm

€460/mt ($639/mt)

NPI-NPU 180-200 mm

€465/mt ($646/mt)

NPI-NPU 220-300 mm

€465/mt ($646/mt)

HEA/HEB 120-260 mm

€485/mt ($674/mt)

 Prices exclude VAT and are on ex-works basis.

Also, it should be considered that some mills may give discounts depending on buyers' payment term, location and order volume.

$1 = TRY 2.19

€1 = $1.39


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