Turkish official domestic merchant bar prices move sideways

Wednesday, 21 May 2025 11:39:16 (GMT+3)   |   Istanbul

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


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