Turkish merchant bar producers have decreased their official domestic merchant bar prices by TRY 100-400/mt ($4-13/mt), amid the ongoing currency fluctuations, weaker import scrap prices and sluggish demand, while only rising by TRY 300/mt ($8/mt) in the Iskenderun region due to the extended delivery period, as compared to Tuesday, November 26. In the Iskenderun region, one mill is offering its equal angles at TRY 21,000/mt ($605/mt) ex-works.
Most merchant bar sellers are offering either for deliveries in January or from stocks, depending on the size. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 27,000/mt ($778/mt) ex-works, for delivery to the Osmaniye region, stable in the local currency, down by $11/mt week on week.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,700-22,900 |
654-660 |
-100 |
-4 |
Karabuk Region (30-100mm) |
21,400-21,600 |
616-622 |
-400 |
-13 |
Iskenderun Region (30-100 mm) |
21,000 |
605 |
+300 |
+8 |
Izmir Region (30-100 mm) |
22,200-22,400 |
639-645 |
-100 |
-4 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,740-22,940 |
655-661 |
-100 |
-4 |
Karabuk Region (30-100mm) |
21,440-21,640 |
618-623 |
-400 |
-13 |
Iskenderun Region (30-100 mm) |
21,040 |
606 |
+300 |
+7 |
Izmir Region (30-100 mm) |
22,240-22,440 |
641-646 |
-100 |
-5 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,700-22,900 |
654-660 |
-100 |
-4 |
Karabuk Region (30-100 mm) |
21,400-21,600 |
616-622 |
-400 |
-13 |
Iskenderun Region (30-100 mm) |
21,000 |
605 |
+300 |
+8 |
Izmir Region (30-50 mm) |
22,200-22,400 |
639-645 |
-100 |
-4 |
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, November 26.
$1 = TRY 34.72
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