Local Turkish rebar spot prices decrease

Thursday, 08 August 2019 16:52:33 (GMT+3)   |   Istanbul
       

Due to the weakness of demand in the local Turkish rebar market to which the appreciation of the Turkish lira against the US dollar has contributed, Turkish traders have reduced their domestic rebar prices today, August 8.

As of today, August 8, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

07.08.2019

07.08.2019

Marmara

8 mm

2,534

462

 

0

2

Marmara

12 mm

2,517

459

 

0

2

Iskenderun

8 mm

2,492

455

8

1

Iskenderun

10 mm

2,479

452

8

1

Iskenderun

12 mm

2,466

450

9

1

Izmir

8 mm

2,517

459

8

1

Izmir

10 mm

2,508

458

9

1

Izmir

12 mm

2,500

456

8

1

Karabuk

8 mm

2,475

452

17

 

0

Karabuk

12 mm

2,458

448

17

1

 

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

$1 = TRY 5.48


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