Switching to an uptrend in late last week amid the depreciation of Turkish lira against the US dollar, prices in the local Turkish market have increased further by TRY 10-30/mt since October 19. Market sources state that buyers are cautious about making deals due to the currency fluctuations, preferring to monitor the market.
As of today, October 23, 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) |
||
|
19.10.2017 |
19.10.2017 |
||||||
|
Marmara |
8 mm |
2,017 |
545 |
↑ |
25 |
↑ |
1 |
|
Marmara |
12 mm |
2,000 |
541 |
↑ |
25 |
↑ |
1 |
|
Iskenderun |
8 mm |
1,949 |
527 |
↑ |
8 |
↓ |
3 |
|
Iskenderun |
10 mm |
1,941 |
525 |
↑ |
9 |
↓ |
3 |
|
Iskenderun |
12 mm |
1,932 |
522 |
↑ |
8 |
↓ |
4 |
|
Izmir |
8 mm |
1,958 |
529 |
↑ |
17 |
↓ |
1 |
|
Izmir |
10 mm |
1,949 |
527 |
↑ |
17 |
↓ |
1 |
|
Izmir |
12 mm |
1,941 |
525 |
↑ |
17 |
↓ |
1 |
|
Karabuk |
8 mm |
1,975 |
534 |
↑ |
17 |
↓ |
1 |
|
Karabuk |
12 mm |
1,958 |
529 |
↑ |
17 |
↓ |
1 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 3.70