Local Turkish rebar spot prices fall further

Thursday, 05 September 2019 17:37:41 (GMT+3)   |   Istanbul
       

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

 


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