Domestic rebar prices in Turkey mostly move up

Monday, 18 September 2017 16:15:14 (GMT+3)   |   Istanbul
       

It is observed that, with Turkish lira depreciating against the US dollar on the first day of the week, domestic rebar prices in Turkey have mostly moved up by TRY 10/mt compared to price levels recorded on September 14, despite the weakness of demand and the declines recorded in import scrap quotations in Turkey. However, in Turkey’s Izmir region, prices have remained stable since September 14.

As of today, September 18, traders’ rebar offers in the Turkish domestic market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

14.09.2017

14.09.2017

Marmara

8 mm

1,958

566

9

3

Marmara

12 mm

1,941

561

9

3

Iskenderun

8 mm

1,932

558

8

2

Iskenderun

10 mm

1,924

556

9

2

Iskenderun

12 mm

1,915

554

8

3

Izmir

8 mm

1,932

558

 

0

 

0

Izmir

10 mm

1,924

556

 

0

 

0

Izmir

12 mm

1,915

554

 

0

 

0

Karabuk

8 mm

1,958

566

9

3

Karabuk

12 mm

1,941

561

9

3

 

All prices are ex-warehouse and on actual weight basis and exclude VAT.

$1 = TRY 3.46

 


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