Latest situation in local Turkish rebar market

Wednesday, 03 April 2019 17:35:20 (GMT+3)   |   Istanbul
       

As of today, April 3, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

02.04.2019

02.04.2019

Marmara

8 mm

2,814

501

 

0

3

Marmara

12 mm

2,797

498

 

0

3

Iskenderun

8 mm

2,805

499

25

1

Iskenderun

10 mm

2,792

497

25

1

Iskenderun

12 mm

2,780

495

26

1

Izmir

8 mm

2,814

501

17

 

0

Izmir

10 mm

2,805

499

17

1

Izmir

12 mm

2,797

498

17

 

0

Karabuk

8 mm

2,797

498

26

1

Karabuk

12 mm

2,780

495

26

1

 

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

On the other hand, Turkish steel mill Icdas has reduced its domestic 12-32 mm rebar sales prices by TRY 20/mt today, April 3, to TRY 2,820/mt ($502/mt) ex-works. Additionally, another Turkish rebar producer Izmir Demir Celik has announced its new 12-32 mm rebar sales prices at TRY 2,822/mt ($502/mt) ex-works. All prices exclude 18 percent VAT.

$1 = TRY 5.62

 


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