Local rebar spot prices in Turkey’s Iskenderun and Karabuk regions move up

Friday, 23 August 2019 16:44:40 (GMT+3)   |   Istanbul
       

Due to the tightness of rebar supply in Turkey’s Iskenderun region as well as the attempts of Ankara-based buyers to buy rebar from the Karabük region instead of from Iskenderun, local Turkish rebar spot prices have increased slightly in these regions. Meanwhile, spot rebar prices in Turkey’s Marmara and Izmir regions have remained stable.

Today, August 23, Turkish mill Izmir Demir Celik has increased its 12-32 mm rebar prices by TRY 42/mt to TRY 2,627/mt ($455/mt) ex-works, while Icdas has kept its 12-32 mm rebar prices unchanged at 2,627/mt ($455/mt) ex-works, both excluding VAT.

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

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

22.08.2018

22.08.2018

Marmara

8 mm

2,593

449

0

-1

Marmara

12 mm

2,576

446

0

-1

Iskenderun

8 mm

2,593

449

+8

0

Iskenderun

10 mm

2,581

447

+9

0

Iskenderun

12 mm

2,568

445

+9

+1

Izmir

8 mm

2,576

446

0

-1

Izmir

10 mm

2,568

445

0

-1

Izmir

12 mm

2,559

444

0

0

Karabuk

8 mm

2,559

444

+8

+1

Karabuk

12 mm

2,542

441

+8

+1

 

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

$1 = TRY 5.77

 


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