Local Turkish rebar spot prices fall slightly again

Wednesday, 31 July 2019 16:17:27 (GMT+3)   |   Istanbul
       

Following the appreciation of the Turkish lira against the US dollar, domestic rebar prices in Turkey have continued their slight downtrend today, July 31.

Today, Turkish mill Izmir Demir Celik has decreased its 12-32 mm rebar prices by TRY 25/mt to TRY 2,601/mt ($470/mt) ex-works, while Icdas has reduced its 12-32 mm rebar prices by TRY 40/mt to TRY 2,620/mt ($474/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)

30.07.2019

30.07.2019

Marmara

8 mm

2,576

466

17

 

0

Marmara

12 mm

2,559

463

17

 

0

Iskenderun

8 mm

2,559

463

17

 

0

Iskenderun

10 mm

2,547

461

17

 

0

Iskenderun

12 mm

2,534

458

17

1

Izmir

8 mm

2,559

463

17

 

0

Izmir

10 mm

2,551

461

17

1

Izmir

12 mm

2,542

460

17

 

0

Karabuk

8 mm

2,542

460

17

 

0

Karabuk

12 mm

2,525

457

17

 

0

 

All prices are ex warehouse and on actual weight basis and exclude 18 percent VAT.

$1 = TRY 5.53

 


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