Sales activity in the Turkish domestic rebar market is still quiet and prices have not shown any changes today, May 15. The market is still waiting for local producers to announce new rebar prices, while buyers are delaying their purchases in order to see new price levels and to better evaluate the market trend.
According to information collected by SteelOrbis from market sources, as of today, May 15, rebar prices in the Turkish domestic steel market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price change (TRY/mt) 14.05.2012 |
Marmara |
8 mm |
1,410 |
660 |
0 |
Marmara |
12 mm |
1,390 |
651 |
0 |
Iskenderun |
8 mm |
1,410 |
660 |
0 |
Iskenderun |
10 mm |
1,400 |
655 |
0 |
Iskenderun |
12 mm |
1,390 |
651 |
0 |
Izmir |
8 mm |
1,395 |
653 |
0 |
Izmir |
10 mm |
1,380 |
646 |
0 |
Izmir |
12mm |
1,370 |
641 |
0 |
Karabuk |
8 mm |
1,405 |
658 |
0 |
Karabuk |
12 mm |
1,385 |
648 |
0 |
All prices are ex-warehouse and on actual weight basis. The TRY prices include 18 percent VAT, while the US$ prices exclude VAT.
$1 = TRY 1.81