Local Turkish rebar spot prices decrease by TRY 10/mt

Thursday, 25 June 2020 17:11:41 (GMT+3)   |   Istanbul
       

Today, June 26, Turkish domestic rebar spot prices have decreased by TRY 10/mt ($1/mt) to TRY 3,340-3,400/mt ($413-421/mt) ex-warehouse depending on the region.

Sources report that Turkish mills, mainly located in the Izmir and Marmara regions, have decreased their rebar prices by TRY 45/mt ($5/mt) on the lower end to TRY 3,395-3,470/mt ($420-429/mt) ex-works.

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)

24.06.2020

24.06.2020

Marmara

8 mm

421

3,400

-1

-10

Marmara

12 mm

418

3,380

-1

-10

Iskenderun

8 mm

424

3,430

-1

-10

Iskenderun

10 mm

422

3,415

-1

-10

Iskenderun

12 mm

421

3,400

-1

-10

Izmir

8 mm

416

3,360

-1

-10

Izmir

10 mm

414

3,350

-1

-10

Izmir

12 mm

413

3,340

-1

-10

Karabuk

8 mm

417

3,370

-1

-10

Karabuk

12 mm

414

3,350

-1

-10

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 6.85


Similar articles

Asian rebar market to keep rising, despite stable ex-China prices this week

26 Apr | Longs and Billet

Domestic rebar prices in Taiwan - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

US domestic rebar prices remain firm

25 Apr | Longs and Billet

Turkey’s ex-Baltic scrap prices move up, following deep sea prices

25 Apr | Scrap & Raw Materials

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Turkish domestic rebar spot prices stable

25 Apr | Longs and Billet

Import scrap prices in Bangladesh mainly stable in new containerized deals, more negotiations for bulk

25 Apr | Scrap & Raw Materials

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet