Turkish rebar market
Price levels for reinforcing bar sales in the Turkish local market are as per the following. Prices in terms of Turkish Lira indicate an increase, however prices in terms of US Dollar show decline over last week's levels due to the appreciation of US Dollar against Turkish Lira. An increase of around TL 15-30'000/kg ($9-19/mt) is seen in the prices over last week's levels.Marmara Region: Small dia.: TL 780'000-810'000/kg (approx. $434-450/mt+VAT) Large dia.: TL 760'000-790'000/kg (approx. $423-439/mt+VAT) Payas Region: Small Dia.: TL 790'000/kg (approx. $439/mt+VAT) Large Dia: TL 780'000/kg (approx. $434/mt+VAT) Aegean region: 8mm :TL 790'000/kg (approx. $439/mt+VAT) 10mm :TL 780'000/kg (approx. $434/mt+VAT) Large dia :TL 770'000/kg (approx. $428/mt+VAT)All TL prices are including 18% VAT. USD equivalents are excluding VAT. 1 USD = TL 1'522'251.97