In the past two weeks, Turkish domestic merchant bar list prices have mostly risen by TRY 250/mt ($18-19/mt) amid rapid currency fluctuations and higher local scrap prices, while only declining by $15/mt on US dollar basis in the Iskenderun region where quotations have started to be given in dollars at $650/mt ex-works in order to avoid risks from the currency fluctuations.
One Marmara-based mill is currently offering HEA/HEB (100-200 mm, standard) at around $800-805/mt ex-works. Most re-rollers are mainly offering for late May-June delivery, while a few re-rollers are continuing to offer limited tonnages from their stocks.
Equal Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
5,600-5,650 |
687-693 |
+250 |
+18 |
Karabuk Region (30-100mm) |
5,450-5,550 |
669-681 |
+250 |
+19 |
Iskenderun Region (30-100 mm) |
5,300-5,300 |
650-650 |
-20 |
-15 |
Izmir Region (30-100 mm) |
5,550-5,600 |
681-687 |
+250 |
+18 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
5,630-5,680 |
691-697 |
+250 |
+18 |
Karabuk Region (30-100mm) |
5,480-5,580 |
672-685 |
+250 |
+19 |
Iskenderun Region (30-100 mm) |
5,330-5,330 |
654-654 |
-20 |
-15 |
Izmir Region (30-100 mm) |
5,580-5,630 |
685-691 |
+250 |
+18 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
5,600-5,650 |
687-693 |
+250 |
+18 |
Karabuk Region (30-100 mm) |
5,450-5,550 |
669-681 |
+250 |
+19 |
Iskenderun Region (30-100 mm) |
5,300-5,300 |
650-650 |
-20 |
-15 |
Izmir Region (30-50 mm) |
5,550-5,600 |
681-687 |
+250 |
+18 |
The above prices exclude 18 percent VAT, are on ex-works basis and for cash payment. Price changes in the tables above are calculated as compared to Wednesday, March 24.
$1 = TRY 8.15