Domestic rebar prices in Turkey have decreased today, October 23, due to the appreciation of the Turkish lira against the US dollar. Today, Turkish mill Icdas has kept its 12-32 mm rebar prices at TRY 2,475/mt ($428/mt) ex-works, while Izmir Demir Celik’s 12-32 mm rebar prices have moved sideways at TRY 2,457/mt ($425 mt) ex-works, both excluding VAT.
Market resources indicate that discounts of TRY 20-40/mt are available for serious buyers.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
21.10.2019 |
21.10.2019 |
||||
|
Marmara |
8 mm |
2,432 |
421 |
-17 |
+1 |
|
Marmara |
12 mm |
2,415 |
418 |
-17 |
+1 |
|
Iskenderun |
8 mm |
2,500 |
433 |
-17 |
+1 |
|
Iskenderun |
10 mm |
2,487 |
430 |
-17 |
0 |
|
Iskenderun |
12 mm |
2,475 |
428 |
-17 |
+1 |
|
Izmir |
8 mm |
2,424 |
419 |
-17 |
0 |
|
Izmir |
10 mm |
2,415 |
418 |
-17 |
+1 |
|
Izmir |
12 mm |
2,407 |
416 |
-17 |
0 |
|
Karabuk |
8 mm |
2,432 |
421 |
-9 |
+2 |
|
Karabuk |
12 mm |
2,415 |
418 |
-9 |
+2 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.78