Today, September 4, spot rebar prices in Turkey have fallen sharply due to the strong drop recorded in import scrap quotations.
Meantime, today, Turkish mill Icdas has reduced its 12-32 mm rebar prices by TRY 51/mt to TRY 2,542/mt ($448/mt) ex-works, while Izmir Demir Celik has also cut its 12-32 mm rebar prices by TRY 85/mt to TRY 2,500/mt ($440/mt) ex-works, both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
03.09.2019 |
03.09.2019 |
||||
|
Marmara |
8 mm |
2,508 |
442 |
-60 |
-5 |
|
Marmara |
12 mm |
2,492 |
439 |
-59 |
-5 |
|
Iskenderun |
8 mm |
2,525 |
445 |
-43 |
-2 |
|
Iskenderun |
10 mm |
2,513 |
442 |
-42 |
-2 |
|
Iskenderun |
12 mm |
2,500 |
440 |
-42 |
-2 |
|
Izmir |
8 mm |
2,508 |
442 |
-51 |
-3 |
|
Izmir |
10 mm |
2,500 |
440 |
-51 |
-4 |
|
Izmir |
12 mm |
2,492 |
439 |
-50 |
-3 |
|
Karabuk |
8 mm |
2,500 |
440 |
-51 |
-4 |
|
Karabuk |
12 mm |
2,483 |
437 |
-51 |
-4 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.68