Local Turkish rebar spot prices decrease slightly

Friday, 10 January 2020 18:58:31 (GMT+3)   |   Istanbul
       

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


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