Rebar spot prices in Turkey have decreased by TRY 8/mt due to low demand and the stabilization of import scrap prices. No fresh rebar sales have been heard today, Friday, January 10. Local producers Icdas and Izmir Demir Celik have kept their rebar sales prices stable at TRY 2,703/mt ($460/mt) ex-works and TRY 2,669/mt ($454/mt) ex-works respectively.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
09.01.2020 |
09.01.2020 |
||||
Marmara |
8 mm |
2,610 |
444 |
-9 |
-2 |
Marmara |
12 mm |
2,593 |
441 |
-9 |
-2 |
Iskenderun |
8 mm |
2,610 |
444 |
-9 |
-2 |
Iskenderun |
10 mm |
2,597 |
442 |
-9 |
-2 |
Iskenderun |
12 mm |
2,585 |
440 |
-8 |
-2 |
Izmir |
8 mm |
2,627 |
447 |
-9 |
-2 |
Izmir |
10 mm |
2,619 |
445 |
-8 |
-3 |
Izmir |
12 mm |
2,610 |
444 |
-9 |
-2 |
Karabuk |
8 mm |
2,593 |
441 |
-9 |
-2 |
Karabuk |
12 mm |
2,576 |
438 |
-9 |
-2 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.88