Domestic rebar prices in Turkey continue their upward movement

Monday, 24 July 2017 16:29:10 (GMT+3)   |   Istanbul
       

Having increased slightly last week, demand in the local Turkish rebar market is still at good levels. With the import scrap prices in Turkey maintaining their strength, domestic rebar prices have increased by TRY 20-40/mt since July 20.

As of today, July 24, traders’ rebar offers in the Turkish domestic market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

20.07.2017

20.07.2017

Marmara

8 mm

1,805

508

25

5

Marmara

12 mm

1,788

504

25

6

Iskenderun

8 mm

1,797

506

34

8

Iskenderun

10 mm

1,788

504

34

8

Iskenderun

12 mm

1,780

501

34

8

Izmir

8 mm

1,754

494

17

3

Izmir

10 mm

1,746

492

17

4

Izmir

12 mm

1,737

489

17

3

Karabuk

8 mm

1,797

506

26

6

Karabuk

12 mm

1,780

501

26

5

 

All prices are ex-warehouse and on actual weight basis and exclude VAT.

$1 = TRY 3.55


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