Today, September 5, spot rebar prices in Turkey have fallen further due to the ongoing decrease recorded in import scrap quotations.
Meantime, today, Turkish mill Icdas has reduced its 12-32 mm rebar prices by TRY 17/mt to TRY 2,525/mt ($444/mt) ex-works, while Izmir Demir Celik has kept t its 12-32 mm rebar prices at TRY 2,500/mt ($439/mt) ex-works, both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
04.09.2019 |
04.09.2019 |
||||
Marmara |
8 mm |
2,500 |
439 |
-8 |
-3 |
Marmara |
12 mm |
2,483 |
436 |
-9 |
-3 |
Iskenderun |
8 mm |
2,508 |
441 |
-17 |
-4 |
Iskenderun |
10 mm |
2,496 |
439 |
-17 |
-3 |
Iskenderun |
12 mm |
2,483 |
436 |
-17 |
-4 |
Izmir |
8 mm |
2,492 |
438 |
-16 |
-4 |
Izmir |
10 mm |
2,483 |
436 |
-17 |
-4 |
Izmir |
12 mm |
2,475 |
435 |
-17 |
-4 |
Karabuk |
8 mm |
2,492 |
438 |
-8 |
-2 |
Karabuk |
12 mm |
2,475 |
435 |
-8 |
-2 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.69