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