Turkish domestic merchant bar prices move sideways

Tuesday, 02 April 2024 13:43:09 (GMT+3)   |   Istanbul
       

Over the past week, Turkish official domestic merchant bar prices have remained unchanged on Turkish lira basis, with only minor changes on US dollar basis. In addition, one Iskenderun-based mill has kept its equal angle price at TRY 19,500-19,810/mt ($606-616/mt) ex-works.

Most merchant bar sellers are offering either for April delivery or from stocks. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 26,750/mt ($832/mt), for delivery to the Karabuk region.

Demand is silent ahead of the Eid holiday.

Angle Prices:

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Price change ($/mt)

Denizli Region (30-100 mm)

21,600-21,900

671-681

0

+1

Karabuk Region (30-100mm)

20,500-20,900

637-650

0

0

Iskenderun Region (30-100 mm)

19,500-19,810

606-616

0

0

Izmir Region (30-100 mm)

21,200-21,500

659-668

0

+1

Flat Bar Prices:

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Price change ($/mt)

Denizli Region (30-100 mm)

21,640-21,940

673-682

0

+1

Karabuk Region (30-100mm)

20,540-20,940

638-651

0

+1

Iskenderun Region (30-100 mm)

19,540-19,850

607-617

0

+1

Izmir Region (30-100 mm)

21,240-21,540

660-670

0

0

NPI-NPU Prices:

Region

Prices (TRY/mt)

Prices ($/mt)

Price change (TRY/mt)

Price change ($/mt)

Denizli Region (30-100 mm)

21,600-21,900

671-681

0

+1

Karabuk Region (30-100 mm)

20,500-20,900

637-650

0

0

Iskenderun Region (30-100 mm)

19,500-19,810

606-616

0

0

Izmir Region (30-50 mm)

21,200-21,500

659-668

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, March 26.

$1 = TRY 32.17


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