Latest situation in local Turkish rebar market

Tuesday, 02 April 2019 17:43:12 (GMT+3)   |   Istanbul
       

As of today, April 2, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

01.04.2019

01.04.2019

Marmara

8 mm

2,814

504

26

1

Marmara

12 mm

2,797

501

26

1

Iskenderun

8 mm

2,780

498

 

0

4

Iskenderun

10 mm

2,767

496

 

0

3

Iskenderun

12 mm

2,754

494

 

0

3

Izmir

8 mm

2,797

501

 

0

4

Izmir

10 mm

2,788

500

 

0

3

Izmir

12 mm

2,780

498

 

0

4

Karabuk

8 mm

2,771

497

9

5

Karabuk

12 mm

2,754

494

9

5

 

All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.

On the other hand, Turkish steel mill Icdas has announced its new domestic rebar prices today, April 2, at TRY 2,800/mt ($502/mt) ex-works, excluding 18 percent VAT.

$1 = TRY 5.58


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