According to market sources, rebar prices in the local Turkish spot market have decreased by TRY 45-70/mt as compared to October 5, though prices on US dollar basis have increased by $10-14/mt due to the fluctuation of the exchange rate.
As of today, October 8, traders' rebar offers in the Turkish domestic market are as follows:
Region | Dimension | Price (TRY/mt) | Price ($/mt) | Price changes (TRY/mt) | |
05.10.2015 | |||||
Marmara | 8 mm | 1,038 | 354 | - | 50 |
Marmara | 12 mm | 1,021 | 349 | - | 50 |
Iskenderun | 8 mm | 1,008 | 344 | - | 70 |
Iskenderun | 10 mm | 1,000 | 341 | - | 70 |
Iskenderun | 12 mm | 992 | 338 | - | 70 |
Izmir | 8 mm | 1,042 | 356 | - | 50 |
Izmir | 10 mm | 1,030 | 351 | - | 50 |
Izmir | 12 mm | 1,021 | 349 | - | 50 |
Karabuk | 8 mm | 1,055 | 360 | - | 45 |
Karabuk | 8 mm | 1,038 | 354 | - | 45 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.93