According to market sources, rebar prices in the local Turkish spot market have decreased by TRY 5-40/mt, as compared to October 1, though prices on US dollar basis have increased by $3/mt on the lower end, but have declined by $3/mt on the upper end the due to the fluctuation of the exchange rate.
As of today, October 5, traders’ rebar offers in the Turkish domestic market are as follows:
Region | Dimension | Price (TRY/mt) | Price ($/mt) | Price changes (TRY/mt) | |
01.10.2015 | |||||
Marmara | 8 mm | 1,081 | 361 | - | 40 |
Marmara | 12 mm | 1,064 | 356 | - | 40 |
Iskenderun | 8 mm | 1,068 | 357 | - | 5 |
Iskenderun | 10 mm | 1,059 | 354 | - | 5 |
Iskenderun | 12 mm | 1,051 | 351 | - | 5 |
Izmir | 8 mm | 1,085 | 363 | - | 20 |
Izmir | 10 mm | 1,072 | 359 | - | 20 |
Izmir | 12 mm | 1,064 | 356 | - | 20 |
Karabuk | 8 mm | 1,093 | 366 | - | 30 |
Karabuk | 8 mm | 1,076 | 360 | - | 30 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.99