Rebar prices in the local Turkish market have registered an upward movement as of today, April 8. However, the main reason behind this movement (which has not been triggered by end-user demand) may be indicated as the supply shortage of some materials in the market. Current rebar prices from local mills in the Turkish domestic market are as follows:
Region |
Product |
Price |
Marmara |
8 mm |
TRY 860/mt (approx. $458/mt) |
Marmara |
12 mm |
TRY 840/mt (approx. $447/mt) |
Iskenderun |
8 mm |
TRY 860/mt (approx. $458/mt) |
Iskenderun |
10 mm |
TRY 850/mt (approx. $453/mt) |
Iskenderun |
12 mm |
TRY 860/mt (approx. $458/mt) |
Izmir |
8 mm |
TRY 855/mt (approx. $455/mt) |
Izmir |
10 mm |
TRY 845/mt (approx. $450/mt) |
Izmir |
12 mm |
TRY 835/mt (approx. $445/mt) |
Karabuk |
8 mm |
TRY 860/mt (approx. $458/mt) |
Karabuk |
12 mm |
TRY 850/mt (approx. $453/mt) |
Sivas |
12-32 mm |
TRY 840-850/mt (approx. $447-453/mt) |
All prices are ex-warehouse and on actual weight basis. The TRY prices include VAT while the US$ prices exclude VAT.
US$1 = TRY 1.59119