While demand in the local Turkish rebar market is still at low levels, domestic rebar prices in Turkey have decreased slightly today, September 26, due to sliding import scrap prices - except in Iskenderun.
Meantime, today, Turkish mill Icdas has kept its 12-32 mm rebar prices standing at TRY 2,415/mt ($427/mt) ex-works, while Izmir Demir Celik has kept its 12-32 mm rebar prices at TRY 2,390/mt ($422/mt) ex-works, both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
23.09.2019 |
23.09.2019 |
||||
Marmara |
8 mm |
2,364 |
418 |
-9 |
+3 |
Marmara |
12 mm |
2,347 |
415 |
-9 |
+3 |
Iskenderun |
8 mm |
2,381 |
421 |
0 |
+5 |
Iskenderun |
10 mm |
2,369 |
418 |
0 |
+4 |
Iskenderun |
12 mm |
2,356 |
416 |
0 |
+4 |
Izmir |
8 mm |
2,347 |
415 |
-9 |
+3 |
Izmir |
10 mm |
2,339 |
413 |
-8 |
+3 |
Izmir |
12 mm |
2,331 |
412 |
-8 |
+3 |
Karabuk |
8 mm |
2,356 |
416 |
-8 |
+3 |
Karabuk |
12 mm |
2,339 |
413 |
-8 |
+3 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = 5.66 TRY