Over the past week, Turkish domestic merchant bar producers have kept their official merchant bar prices stable in the local currency with an increase of $4-5/mt on US dollar basis amid the ongoing currency fluctuations. In the Iskenderun region, one mill is offering its equal angles at TRY 20,000-20,330/mt ($609-619/mt) ex-works today, July 24.
Most merchant bar sellers are offering either for deliveries in August delivery or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,750/mt ($814/mt) for delivery to the Karabuk region. The price has remained unchanged in the local currency, with an increase of $6/mt on US dollar basis over the same period.
Most local buyers are only purchasing in line with their daily needs and are not willing to restock for now.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
662-666 |
0 |
+5 |
Karabuk Region (30-100mm) |
20,500-20,900 |
624-636 |
0 |
+5 |
Iskenderun Region (30-100 mm) |
20,000-20,330 |
609-619 |
0 |
+5 |
Izmir Region (30-100 mm) |
21,250-21,400 |
647-651 |
0 |
+4 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,790-21,940 |
663-668 |
0 |
+5 |
Karabuk Region (30-100mm) |
20,540-20,940 |
625-637 |
0 |
+4 |
Iskenderun Region (30-100 mm) |
20,040-20,370 |
610-620 |
0 |
+5 |
Izmir Region (30-100 mm) |
21,290-21,440 |
648-652 |
0 |
+5 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
21,750-21,900 |
662-666 |
0 |
+5 |
Karabuk Region (30-100 mm) |
20,500-20,900 |
624-636 |
0 |
+5 |
Iskenderun Region (30-100 mm) |
20,000-20,330 |
609-619 |
0 |
+5 |
Izmir Region (30-50 mm) |
21,250-21,400 |
647-651 |
0 |
+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 Wednesday, July 17.
$1 = TRY 32.86
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