Due to the decline in import scrap prices, Turkish traders have reduced their domestic rebar prices today, September 19. On the same day, Turkish mill Icdas has kept its 12-32 mm rebar prices at TRY 2,415/mt ($424/mt) ex-works, while Izmir Demir Celik has decreased its 12-32 mm rebar prices by TRY 80/mt to TRY 2,390/mt ($419/mt) ex-works, both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
18.09.2019 |
18.09.2019 |
||||
Marmara |
8 mm |
2,347 |
412 |
-17 |
-4 |
Marmara |
12 mm |
2,331 |
409 |
-16 |
-4 |
Iskenderun |
8 mm |
2,390 |
419 |
-17 |
-4 |
Iskenderun |
10 mm |
2,377 |
417 |
-17 |
-4 |
Iskenderun |
12 mm |
2,364 |
415 |
-17 |
-4 |
Izmir |
8 mm |
2,364 |
415 |
-17 |
-4 |
Izmir |
10 mm |
2,356 |
413 |
-17 |
-4 |
Izmir |
12 mm |
2,347 |
412 |
-17 |
-4 |
Karabuk |
8 mm |
2,356 |
413 |
-25 |
-6 |
Karabuk |
12 mm |
2,339 |
410 |
-25 |
-6 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = 5.70 TRY