Availability shortages have continued to prevail in the Turkish spot rebar market, while demand has remained moderate. If no change is seen in the Turkish lira-US dollar exchange rate, rebar spot prices are expected to follow a sideways trend during the current week.
As of today, June 10, traders' rebar offers in the Turkish domestic market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Marmara |
8 mm |
1,315 |
587 |
Marmara |
12 mm |
1,295 |
578 |
Iskenderun |
8 mm |
1,315 |
587 |
Iskenderun |
10 mm |
1,305 |
582 |
Iskenderun |
12 mm |
1,295 |
578 |
Izmir |
8 mm |
1,295 |
578 |
Izmir |
10 mm |
1,280 |
571 |
Izmir |
12 mm |
1,270 |
566 |
Karabuk |
8 mm |
1,320 |
589 |
Karabuk |
12 mm |
1,310 |
584 |
All prices are ex-warehouse and on actual weight basis. The TRY prices include 18 percent VAT, while the US$ prices exclude VAT.
$1 = TRY 1.90