Turkish merchant bar producers have cut their official domestic merchant bar prices by TRY 25-300/mt ($4-12/mt), against the backdrop of the ongoing currency fluctuations, weaker import scrap prices and sluggish demand, compared to Wednesday, November 20. In the Iskenderun region, one mill is offering its equal angles at TRY 20,700/mt ($597/mt) ex-works. This price indicates a TRY 300/mt ($12/mt) decrease over the same period.
Most merchant bar sellers are offering either for deliveries in late December-January or from stocks, depending on the size. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 27,000/mt ($789/mt) ex-works, for delivery to the Osmaniye region, down by TRY 500/mt ($9/mt) week on week.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,800-23,000 |
658-664 |
-25 |
-4 |
Karabuk Region (30-100mm) |
21,600-22,200 |
623-641 |
-50 |
-5 |
Iskenderun Region (30-100 mm) |
20,700 |
597 |
-300 |
-12 |
Izmir Region (30-100 mm) |
22,300-22,500 |
644-649 |
-25 |
-4 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,840-23,040 |
659-665 |
-25 |
-4 |
Karabuk Region (30-100mm) |
21,640-22,240 |
625-642 |
-50 |
-5 |
Iskenderun Region (30-100 mm) |
20,740 |
599 |
-300 |
-11 |
Izmir Region (30-100 mm) |
22,340-22,540 |
645-651 |
-25 |
-4 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,800-23,000 |
658-664 |
-25 |
-4 |
Karabuk Region (30-100 mm) |
21,600-22,200 |
623-641 |
-50 |
-5 |
Iskenderun Region (30-100 mm) |
20,700 |
597 |
-300 |
-12 |
Izmir Region (30-50 mm) |
22,300-22,500 |
644-649 |
-25 |
-4 |
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 Wednesday, November 20.
$1 = TRY 34.65
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