Over the past week, Turkish domestic merchant bar producers have kept their official merchant bar prices stable on Turkish lira basis, with only minor changes on US dollar basis, against the backdrop of the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 19,900/mt ($584/mt) ex-works today, September 10.
Most merchant bar sellers are offering either for deliveries in October or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,500/mt ($778/mt) for delivery to the Karabuk region.
Most local buyers are not rushing to conclude new purchases and are monitoring the import scrap price trend.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,050-22,200 |
648-652 |
0 |
0 |
Karabuk Region (30-100mm) |
21,050-21,450 |
618-630 |
0 |
0 |
Iskenderun Region (30-100 mm) |
19,900 |
584 |
0 |
-1 |
Izmir Region (30-100 mm) |
21,550-21,700 |
633-637 |
0 |
0 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,090-22,240 |
649-653 |
0 |
0 |
Karabuk Region (30-100mm) |
21,090-21,490 |
619-631 |
0 |
0 |
Iskenderun Region (30-100 mm) |
19,940 |
586 |
0 |
0 |
Izmir Region (30-100 mm) |
21,590-21,740 |
634-638 |
0 |
0 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
22,050-22,200 |
648-652 |
0 |
0 |
Karabuk Region (30-100 mm) |
21,050-21,450 |
618-630 |
0 |
0 |
Iskenderun Region (30-100 mm) |
19,900 |
584 |
0 |
-1 |
Izmir Region (30-50 mm) |
21,550-21,700 |
633-637 |
0 |
0 |
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 Wednesday, September 4.
$1 = TRY 34.05
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