Turkish rebar market

Thursday, 24 February 2005 11:48:00 (GMT+3)   |  
       

Turkish rebar market

Prices of reinforcing bars in Turkey's Marmara region indicated a decrease from the levels of previous week. Prices in terms of US Dollars in the Marmara region also indicate a decline. The recent price levels are as follows:
 
Marmara Region:
Small dia.: TRY 657-700/mt (approx. $428-456/mt+VAT)
Large dia.: TRY 657-680/mt (approx. $428-443/mt+VAT)
 
Payas Region:
Small dia.: TRY 680/mt (approx. $443/mt+VAT)
Large dia.: TRY 670/mt (approx. $436/mt+VAT)

Habas Region:
Small dia.: TRY 675/mt (approx. $440/mt+VAT)
Medium dia: TRY 660/mt (approx. $430/mt+VAT)
Large dia.: TRY 650/mt (approx. $423/mt+VAT) 
All TRY prices include 18% VAT. USD equivalents exclude VAT. 1 USD = 1.3010 TRY Although the price lists of the mills are indicated as above, sales in the market are made at the level of TRY 630/mt ($410/mt+VAT) and below.

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