Over the past week, Turkish merchant bar producers have hiked their official domestic merchant bar prices by TRY 150-200/mt ($4-5/mt) against the backdrop of currency fluctuations and relatively higher import billet prices. In the Iskenderun region, one mill is offering its equal angles at TRY 20,300/mt ($595/mt) ex-works today, September 24.
Most merchant bar sellers are offering either for deliveries in late October and November or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 27,500/mt ($806/mt), remaining unchanged, for delivery to the Karabuk region.
Most merchant bar re-rollers are aiming to adjust their local prices in line with the currency fluctuations, while demand is still sluggish.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,350-22,500 |
655-659 |
+200 |
+5 |
Karabuk Region (30-100mm) |
21,350-21,750 |
625-637 |
+200 |
+5 |
Iskenderun Region (30-100 mm) |
20,300 |
595 |
+150 |
+4 |
Izmir Region (30-100 mm) |
21,850-22,000 |
640-644 |
+200 |
+5 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,390-22,540 |
656-660 |
+200 |
+6 |
Karabuk Region (30-100mm) |
21,390-21,790 |
627-638 |
+200 |
+5 |
Iskenderun Region (30-100 mm) |
20,340 |
596 |
+150 |
+4 |
Izmir Region (30-100 mm) |
21,890-22,040 |
641-646 |
+200 |
+5 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,350-22,500 |
655-659 |
+200 |
+5 |
Karabuk Region (30-100 mm) |
21,350-21,750 |
625-637 |
+200 |
+5 |
Iskenderun Region (30-100 mm) |
20,300 |
595 |
+150 |
+4 |
Izmir Region (30-50 mm) |
21,850-22,000 |
640-644 |
+200 |
+5 |
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 Friday, September 20.
$1 = TRY 34.14
.jpeg)