Today, June 4, Turkish domestic rebar spot prices have increased by TRY 30-40/mt ($4-6/mt) as compared to June 2, to TRY 3,290-3,370/mt ($412-422/mt) ex-warehouse depending on the region.
Local mill Icdas has kept its rebar price at TRY 3,310/mt ($415/mt) ex-works, with just minor changes on US dollar basis. Other mills in this region are currently offering rebar at TRY 3,310-3,326/mt ($415-417/mt) ex-works.
Izmir Demir Celik (IDC) has hiked its rebar price by TRY 40/mt ($6/mt) to TRY 3,350/mt ($420/mt) ex-works. Another mill in the Izmir region has increased its rebar price by TRY 35/mt ($5/mt) to TRY 3,310/mt ($415/mt) ex-works.
In the Iskenderun region, Bastug A.S. has opened its 12 mm rebar price at TRY 3,400/mt ($426/mt) ex-works.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
2.06.2020 |
2.06.2020 |
||||
|
Marmara |
8 mm |
417 |
3,330 |
+5 |
+40 |
|
Marmara |
12 mm |
415 |
3,310 |
+6 |
+40 |
|
Iskenderun |
8 mm |
426 |
3,400 |
+4 |
+30 |
|
Iskenderun |
10 mm |
424 |
3,385 |
+4 |
+30 |
|
Iskenderun |
12 mm |
422 |
3,370 |
+4 |
+30 |
|
Izmir |
8 mm |
417 |
3,330 |
+4 |
+30 |
|
Izmir |
10 mm |
416 |
3,320 |
+4 |
+30 |
|
Izmir |
12 mm |
415 |
3,310 |
+4 |
+30 |
|
Karabuk |
8 mm |
415 |
3,310 |
+6 |
+40 |
|
Karabuk |
12 mm |
412 |
3,290 |
+5 |
+40 |
All prices are ex-warehouse and on actual weight basis. Prices on Turkish lira basis include 18 percent VAT, while prices on US dollar basis exclude VAT.
$1 = TRY 6.76