Over the past week, Turkish merchant bar producers have increased their official domestic merchant bar prices by TRY 500-700/mt ($11-17/mt), against the backdrop of higher production costs. In the Iskenderun region, one mill is offering its equal angles at TRY 21,250/mt ($591/mt) ex-works.
Most merchant bar sellers are offering either for deliveries in February-early March or from stocks, depending on the size.
Angle Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 23,300-23,500 | 648-654 | +700 | +17 |
| Karabuk Region (30-100mm) | 21,600-22,100 | 601-615 | +500 | +11 |
| Iskenderun Region (30-100 mm) | 21,250 | 591 | +500 | +11 |
| Izmir Region (30-100 mm) | 22,800-23,000 | 635-640 | +700 | +17 |
Flat Bar Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 23,340-23,540 | 650-655 | +700 | +16 |
| Karabuk Region (30-100mm) | 21,640-22,140 | 602-616 | +500 | +11 |
| Iskenderun Region (30-100 mm) | 21,290 | 593 | +500 | +12 |
| Izmir Region (30-100 mm) | 22,840-23,040 | 636-641 | +700 | +16 |
NPI-NPU Prices:
| Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
| Denizli Region (30-100 mm) | 23,300-23,500 | 648-654 | +700 | +17 |
| Karabuk Region (30-100 mm) | 21,600-22,100 | 601-615 | +500 | +11 |
| Iskenderun Region (30-100 mm) | 21,250 | 591 | +500 | +11 |
| Izmir Region (30-50 mm) | 22,800-23,000 | 635-640 | +700 | +17 |
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, January 28.
$1 = TRY 35.93