Local Turkish rebar spot prices follow diverse trends

Friday, 16 August 2019 17:08:31 (GMT+3)   |   Istanbul
       

Spot rebar prices in Turkey’s Karabuk and Iskenderun regions have moved sideways today, August 16. In the meantime, although most buyers in the local Turkish rebar market have not returned from the holiday yet, rebar prices in the Marmara and Izmır regions have increased slightly due to the slight depreciation of the Turkish lira against the US dollar.

As of today, August 16, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

15.08.2018

15.08.2018

Marmara

8 mm

2,542

456

+8

0

Marmara

12 mm

2,525

453

+8

0

Iskenderun

8 mm

2,492

447

0

-1

Iskenderun

10 mm

2,479

445

0

-1

Iskenderun

12 mm

2,466

443

0

-1

Izmir

8 mm

2,525

453

+8

0

Izmir

10 mm

2,517

452

+9

+1

Izmir

12 mm

2,508

450

+8

0

Karabuk

8 mm

2,475

444

0

-1

Karabuk

12 mm

2,458

441

0

-1

 

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

$1 = TRY 5.57


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