Spot rebar prices in the Turkish domestic market have been revised upward on the back of the appreciation of the US dollar against the Turkish lira, while another factor supporting this price increase is the low availability in the market.
As of today, May 20, traders' rebar offers in the Turkish domestic market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes 16.05.2013 |
Marmara |
8 mm |
1,315 |
602 |
+10 |
Marmara |
12 mm |
1,295 |
593 |
+10 |
Iskenderun |
8 mm |
1,300 |
596 |
+5 |
Iskenderun |
10 mm |
1,290 |
591 |
+5 |
Iskenderun |
12 mm |
1,280 |
586 |
+5 |
Izmir |
8 mm |
1,295 |
593 |
+10 |
Izmir |
10 mm |
1,285 |
589 |
+15 |
Izmir |
12 mm |
1,275 |
584 |
+15 |
Karabuk |
8 mm |
1,310 |
600 |
+10 |
Karabuk |
12 mm |
1,300 |
596 |
+10 |
All prices are ex-warehouse and on actual weight basis. The TRY prices include 18 percent VAT, while the US$ prices exclude VAT.
$1 = TRY 1.85