Traders in the local Turkish rebar market are trying to melt their stock levels due to the downward price tendency in this market, thereby pushing prices down further.
Accordingly, the current rebar prices in the Turkish domestic market are as follows:
Region | Product | Price |
Marmara | 8 mm | TRY 900/mt (approx. $478/mt) |
Marmara | 12 mm | TRY 880/mt (approx. $467/mt) |
Iskenderun | 8 mm | TRY 790/mt (approx. $420/mt) |
Iskenderun | 12 mm | TRY 780/mt (approx. $414/mt) |
Izmir | 8 mm | TRY 820/mt (approx. $435/mt) |
Izmir | 12 mm | TRY 800/mt (approx. $425/mt) |
Karabuk | 8 mm | TRY 820/mt (approx. $435/mt) |
Karabuk | 12 mm | TRY 800/mt (approx. $425/mt) |
The above TRY prices are ex-works, on actual weight basis and including VAT, while the US$ prices are ex-works, on actual weight basis and excluding VAT.
US$1 = TRY 1.59540