Over the past week, Turkish domestic merchant bar producers have increased their official merchant bar prices by TRY 300/mt in the Karabuk and Iskenderun regions, with minor changes on US dollar basis. In addition, merchant bar prices have remained stable in the local currency in the rest of the country, with a decrease of $9/mt on US dollar basis amid the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 20,050-20,380/mt ($598-608/mt) ex-works today, August 6.
Most merchant bar sellers are offering either for deliveries in late August-September or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,850/mt ($801/mt) for delivery to the Karabuk region.
Most local buyers are purchasing only in line with their daily needs and are not in a rush to restock material.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
649-653 |
0 |
-9 |
Karabuk Region (30-100mm) |
20,800-21,200 |
620-632 |
+300 |
0 |
Iskenderun Region (30-100 mm) |
20,050-20,380 |
598-608 |
+300 |
+1 |
Izmir Region (30-100 mm) |
21,250-21,400 |
634-638 |
0 |
-9 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,790-21,940 |
650-654 |
0 |
-9 |
Karabuk Region (30-100mm) |
20,840-21,240 |
622-633 |
+300 |
0 |
Iskenderun Region (30-100 mm) |
20,090-20,420 |
599-609 |
+300 |
+1 |
Izmir Region (30-100 mm) |
21,290-21,440 |
635-639 |
0 |
-9 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
649-653 |
0 |
-9 |
Karabuk Region (30-100 mm) |
20,800-21,200 |
620-632 |
+300 |
0 |
Iskenderun Region (30-100 mm) |
20,050-20,380 |
598-608 |
+300 |
+1 |
Izmir Region (30-50 mm) |
21,250-21,400 |
634-638 |
0 |
-9 |
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, July 30.
$1 = TRY 33.53
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