Over the past week, Turkish merchant bar producers have kept their local prices unchanged in the local currency with only minor changes on US dollar basis, against the backdrop of the ongoing currency fluctuations. One Iskenderun-based mill has issued its equal angle price at TRY 23,500/mt ($605/mt) ex-works today, May 21.
Most merchant bar sellers are offering either for deliveries in June or from stocks, depending on the size.
Angle Prices:
Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
Denizli Region (30-100 mm) | 24,800-24,900 | 638-641 | 0 | -1 |
Karabuk Region (30-100mm) | 23,750-24,250 | 611-624 | 0 | -1 |
Iskenderun Region (30-100 mm) | 23,500 | 605 | 0 | -1 |
Izmir Region (30-100 mm) | 24,300-24,400 | 625-628 | 0 | -1 |
Flat Bar Prices:
Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
Denizli Region (30-100 mm) | 24,840-24,940 | 639-642 | 0 | -1 |
Karabuk Region (30-100mm) | 23,790-24,290 | 612-625 | 0 | -1 |
Iskenderun Region (30-100 mm) | 23,540 | 606 | 0 | -1 |
Izmir Region (30-100 mm) | 24,340-24,440 | 626-629 | 0 | -1 |
NPI-NPU Prices:
Region | Prices (TRY/mt) | Prices ($/mt) | Price change (TRY/mt) | Price change ($/mt) |
Denizli Region (30-100 mm) | 24,800-24,900 | 638-641 | 0 | -1 |
Karabuk Region (30-100 mm) | 23,750-24,250 | 611-624 | 0 | -1 |
Iskenderun Region (30-100 mm) | 23,500 | 605 | 0 | -1 |
Izmir Region (30-50 mm) | 24,300-24,400 | 625-628 | 0 | -1 |
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, May 13.
$1 = TRY 38.86