Local Turkish official merchant bar prices have risen by another TRY 290-390/mt ($15-20/mt) compared to Tuesday, December 27 amid currency fluctuations and expected higher energy costs, import scrap prices and higher billet prices. One Iskenderun-based mill has increased its merchant bar list prices by $10/mt to $715/mt ex-works today.
Most merchant bar sellers are offering for January delivery and only limited tonnages are available from stocks. A few re-rollers are offering official HEA/HEB (100-200 mm, standard) offers at $930/mt versus $900-920/mt ex-works, over the same period.
Equal Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
14,050-14,230 |
750-760 |
+385 |
+20 |
Karabuk Region (30-100mm) |
13,860-13,960 |
740-745 |
+385 |
+20 |
Iskenderun Region (30-100 mm) |
13,400-13,580 |
715-725 |
+290 |
+15 |
Izmir Region (30-100 mm) |
13,860-14,050 |
740-750 |
+390 |
+20 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
14,080-14,260 |
752-761 |
+385 |
+21 |
Karabuk Region (30-100mm) |
13,890-13,990 |
742-747 |
+385 |
+20 |
Iskenderun Region (30-100 mm) |
13,430-13,610 |
717-727 |
+290 |
+15 |
Izmir Region (30-100 mm) |
13,890-14,080 |
742-752 |
+390 |
+21 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
14,050-14,230 |
750-760 |
+385 |
+20 |
Karabuk Region (30-100 mm) |
13,860-13,960 |
740-745 |
+385 |
+20 |
Iskenderun Region (30-100 mm) |
13,400-13,580 |
715-725 |
+290 |
+15 |
Izmir Region (30-50 mm) |
13,860-14,050 |
740-750 |
+390 |
+20 |
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 Tuesday, December 27.
$1 = TRY 18.73