Over the past week, Turkish domestic merchant bar producers have raised their official merchant bar prices by TRY 100-250/mt ($1-6/mt) amid relatively higher import billet prices. In the Iskenderun region, one mill is offering its equal angles at TRY 20,150/mt ($591/mt) ex-works today, September 20.
Most merchant bar sellers are offering either for deliveries in late October or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 27,500/mt ($806/mt), rising by TRY 1,000/mt ($28/mt) for delivery to the Karabuk region due to the ongoing currency fluctuations.
Most merchant bar re-rollers are taking their time before concluding new purchases.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,150-22,300 |
649-654 |
+100 |
+1 |
Karabuk Region (30-100mm) |
21,150-21,550 |
620-632 |
+100 |
+2 |
Iskenderun Region (30-100 mm) |
20,150 |
591 |
+250 |
+6 |
Izmir Region (30-100 mm) |
21,650-21,800 |
635-639 |
+100 |
+2 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,190-22,340 |
650-655 |
+100 |
+2 |
Karabuk Region (30-100mm) |
21,190-21,590 |
621-633 |
+100 |
+1 |
Iskenderun Region (30-100 mm) |
20,190 |
592 |
+250 |
+6 |
Izmir Region (30-100 mm) |
21,690-21,840 |
636-640 |
+100 |
+1 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,150-22,300 |
649-654 |
+100 |
+1 |
Karabuk Region (30-100 mm) |
21,150-21,550 |
620-632 |
+100 |
+2 |
Iskenderun Region (30-100 mm) |
20,150 |
591 |
+250 |
+6 |
Izmir Region (30-50 mm) |
21,650-21,800 |
635-639 |
+100 |
+2 |
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, September 10.
$1 = TRY 34.12
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