It is observed that the sharp rises seen in import scrap prices in Turkey have pushed domestic rebar prices in the country up by TRY 30-60/mt since July 24. On the other hand, buyers are seen to be slowing down their domestic rebar purchases, preferring to maintain a wait-and-see stance, as they are concerned about the rapid rises seen in prices.
As of today, July 27, 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) |
||
|
24.07.2017 |
24.07.2017 |
||||||
|
Marmara |
8 mm |
1,856 |
526 |
↑ |
51 |
↑ |
18 |
|
Marmara |
12 mm |
1,839 |
521 |
↑ |
51 |
↑ |
17 |
|
Iskenderun |
8 mm |
1,822 |
516 |
↑ |
25 |
↑ |
10 |
|
Iskenderun |
10 mm |
1,814 |
514 |
↑ |
26 |
↑ |
10 |
|
Iskenderun |
12 mm |
1,805 |
511 |
↑ |
25 |
↑ |
10 |
|
Izmir |
8 mm |
1,788 |
507 |
↑ |
34 |
↑ |
13 |
|
Izmir |
10 mm |
1,780 |
504 |
↑ |
34 |
↑ |
12 |
|
Izmir |
12 mm |
1,771 |
502 |
↑ |
34 |
↑ |
13 |
|
Karabuk |
8 mm |
1,831 |
519 |
↑ |
34 |
↑ |
13 |
|
Karabuk |
12 mm |
1,814 |
514 |
↑ |
34 |
↑ |
13 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 3.53