Domestic rebar prices in Turkey have decreased today, October 18, due to the appreciation of the Turkish lira against the US dollar.
Today, Turkish mill Icdas has decreased its 12-32 mm rebar prices further by TRY 68/mt ($5/mt) to TRY 2,424/mt ($419/mt) ex-works, while Izmir Demir Celik has also decreased its price by TRY 42/mt (no change on US dollar basis) for 12-32 mm rebar to TRY 2,458/mt ($425 mt) ex-works, both excluding VAT.
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
17.10.2019 |
17.10.2019 |
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Marmara |
8 mm |
2,449 |
424 |
-17 |
+5 |
Marmara |
12 mm |
2,432 |
421 |
-17 |
+4 |
Iskenderun |
8 mm |
2,517 |
435 |
-8 |
+6 |
Iskenderun |
10 mm |
2,504 |
433 |
-8 |
+6 |
Iskenderun |
12 mm |
2,492 |
431 |
-8 |
+6 |
Izmir |
8 mm |
2,441 |
422 |
-17 |
+4 |
Izmir |
10 mm |
2,432 |
421 |
-17 |
+4 |
Izmir |
12 mm |
2,424 |
419 |
-17 |
+4 |
Karabuk |
8 mm |
2,441 |
422 |
-17 |
+4 |
Karabuk |
12 mm |
2,424 |
419 |
-17 |
+4 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = 5.78 TRY