Over the past week, Turkish domestic merchant bar producers have mostly kept their official merchant bar prices stable both in the local currency, while their prices have decreased by $7-8/mt on US dollar basis, with prices in the local currency only falling in the Iskenderun region, by TRY 150/mt ($11/mt). In the Iskenderun region, one mill is offering its equal angles at TRY 19,900/mt ($587/mt) ex-works today, August 21.
Most merchant bar sellers are offering either for deliveries in September and October or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,600/mt ($784/mt) for delivery to the Karabuk region.
Most local buyers are only purchasing in line with their daily needs and are exerting pressure for further discounts.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
641-646 |
0 |
-7 |
Karabuk Region (30-100mm) |
20,800-21,200 |
613-625 |
0 |
-7 |
Iskenderun Region (30-100 mm) |
19,900 |
587 |
-150 |
-11 |
Izmir Region (30-100 mm) |
21,250-21,400 |
627-631 |
0 |
-7 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,790-21,940 |
643-647 |
0 |
-8 |
Karabuk Region (30-100mm) |
20,840-21,240 |
615-626 |
0 |
-8 |
Iskenderun Region (30-100 mm) |
19,940 |
588 |
-150 |
-11 |
Izmir Region (30-100 mm) |
21,290-21,440 |
628-632 |
0 |
-7 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
641-646 |
0 |
-7 |
Karabuk Region (30-100 mm) |
20,800-21,200 |
613-625 |
0 |
-7 |
Iskenderun Region (30-100 mm) |
19,900 |
587 |
-150 |
-11 |
Izmir Region (30-50 mm) |
21,250-21,400 |
627-631 |
0 |
-7 |
The above prices exclude 20 percent VAT, are on ex-works basis and for cash payment. Price changes in the tables above are calculated as compared to Tuesday, August 13.
$1 = TRY 33.91
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