Over the past week, Turkish domestic official merchant bar prices have only risen slightly, by TRY 5-15/mt, in the local currency, in order to offset currency fluctuations. After the 7.8 magnitude earthquake which hit southeastern Turkey on Monday morning, most re-rollers have kept their dollar-based prices stable. Sources report discounts, up to $10/mt, are applicable for serious buyers only.
Most merchant bar sellers are offering for February delivery and only limited tonnages are available from stocks.
Equal Angle Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
14,690-14,870 |
780-790 |
+10 |
0 |
|
Karabuk Region (30-100mm) |
14,310-14,400 |
760-765 |
+10 |
0 |
|
Iskenderun Region (30-100 mm) |
N/A |
N/A |
N/A |
N/A |
|
Izmir Region (30-100 mm) |
14,490-14,680 |
770-780 |
+5 |
0 |
Flat Bar Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
14,720-14,900 |
782-792 |
+15 |
0 |
|
Karabuk Region (30-100mm) |
14,340-14,440 |
762-767 |
+15 |
0 |
|
Iskenderun Region (30-100 mm) |
N/A |
N/A |
N/A |
N/A |
|
Izmir Region (30-100 mm) |
14,530-14,700 |
772-781 |
+10 |
0 |
NPI-NPU Prices:
|
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
|
Denizli Region (30-100 mm) |
14,690-14,870 |
780-790 |
+10 |
0 |
|
Karabuk Region (30-100 mm) |
14,310-14,400 |
760-765 |
+10 |
0 |
|
Iskenderun Region (30-100 mm) |
N/A |
N/A |
N/A |
N/A |
|
Izmir Region (30-50 mm) |
14,490-14,680 |
770-780 |
+5 |
0 |
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, January 31.
$1 = TRY 18.83