Turkish rebar market
Prices of reinforcing bars in the Turkish local market have either remained stable or have increased slightly over the last week. The recent price levels are as per the following:Marmara Region: Small dia.: TL 780'000-810'000/kg (approx. $440-457/mt+VAT) Large dia.: TL 760'000-790'000/kg (approx. $428-445/mt+VAT) Aegean region: 8mm : TL 800'000/kg (approx. $451/mt+VAT) 10mm : TL 785'000/kg (approx. $442/mt+VAT) Large dia : TL 775'000/kg (approx. $437/mt+VAT)All TL prices are including 18% VAT. USD equivalents are excluding VAT. 1 USD = TL 1'503'441.-