SteelOrbis has learnt from markets sources that demand in the Turkish structural steel market is low, while the price trend has been moving downward amid the recent recovery of the Turkish lira against the US dollar. Buyers in the local market are not in a rush to conclude new deals and continue to buy only in line with their needs for now given the current market trend.
Structural steel prices in the local Turkish market, which are on actual weight basis, are as follow:
NPI-NPU 160 mm |
TRY 1,380-1,410/mt ($633-647/mt) |
NPI-NPU 180-200 mm |
TRY 1,410-1,430/mt ($647-656/mt) |
T Profile 25 mm |
TRY 1,470-1,490/mt ($674-683/mt) |
T Profile 30-40 mm |
TRY 1,460-1,480/mt ($670-679/mt) |
T Profile 50 mm |
TRY 1,500-1,510/mt ($688-693/mt) |
Square 10-25 mm |
TRY 1,390-1,410/mt ($637-647/mt) |
Square 25-50 mm |
TRY 1,410-1,430/mt ($647-656/mt) |
Izmir region
NPI-NPU 220-300 mm |
TRY 1,390-1,410 /mt ($638-647/mt) |
HEA/HEB 180 mm |
TRY 1,420-1,440/mt ($655-660/mt) |
HEA/HEB 200 mm |
TRY 1,430-1,450/mt ($656-665/mt) |
Square 10-25 mm |
TRY 1,410-1,430/mt ($647-656/mt) |
Square 25-50 mm |
TRY 1,420-1,440/mt ($651-660/mt) |
T Profile -25 mm |
TRY 1,490-1,510/mt ($683-693/mt) |
T Profile -30-40 mm |
TRY 1,480-1,500/mt ($679-688/mt) |
Karabuk region
NPI-NPU 160 mm |
€460/mt ($630/mt) |
NPI-NPU 180-200 mm |
€465/mt ($637/mt) |
NPI-NPU 220-300 mm |
€465/mt ($637/mt) |
HEA/HEB 120-260 mm |
€485/mt ($664/mt) |
*Prices, which exclude VAT, 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 2.18
€1 = $ 1.37