Today, June 24, Turkish domestic rebar spot prices have dropped by TRY 10-40/mt ($1-5/mt) compared to Monday, June 22, to TRY 3,350-3,410/mt ($414-421/mt) ex-warehouse depending on the region. Most mills in the Izmir and Marmara regions have decreased their official rebar prices in the same period by TRY 25/mt ($4/mt) on average to TRY 3,440-3,470/mt ($425-429/mt) ex-works. Nearly all of the mills in the Iskenderun region including Bastug A.S. closed their rebar sales yesterday afternoon and no fresh rebar prices have been heard in the region.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
22.06.2020 |
22.06.2020 |
||||
|
Marmara |
8 mm |
421 |
3,410 |
-1 |
-10 |
|
Marmara |
12 mm |
419 |
3,390 |
-1 |
-10 |
|
Iskenderun |
8 mm |
425 |
3,440 |
-2 |
-20 |
|
Iskenderun |
10 mm |
423 |
3,425 |
-2 |
-20 |
|
Iskenderun |
12 mm |
421 |
3,410 |
-2 |
-20 |
|
Izmir |
8 mm |
416 |
3,370 |
-5 |
-40 |
|
Izmir |
10 mm |
415 |
3,360 |
-5 |
-40 |
|
Izmir |
12 mm |
414 |
3,350 |
-5 |
-40 |
|
Karabuk |
8 mm |
418 |
3,380 |
-2 |
-20 |
|
Karabuk |
12 mm |
415 |
3,360 |
-2 |
-20 |
All prices are ex-warehouse and on actual weight basis. Prices on Turkish lira basis include 18 percent VAT, while prices on US dollar basis exclude VAT.
$1 = TRY 6.86