Local Turkish rebar spot prices follow diverse trends

Wednesday, 28 August 2019 16:25:31 (GMT+3)   |   Istanbul
       

Spot rebar prices in Turkey’s Marmara and Izmir regions have decreased slightly today, August 28, while prices in Iskenderun and Karabuk regions have remained stable.

Today, August 27, Turkish mill Icdas has decreased its 12-32 mm rebar prices by TRY 17/mt to TRY 2,579/mt ($445/mt) ex-works, while Izmir Demir Celik has reduced its 12-32 mm rebar prices by TRY 42/mt to TRY 2,585/mt ($446/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)

27.08.2018

27.08.2018

Marmara

8 mm

2,585

446

-8

0

Marmara

12 mm

2,568

443

-8

0

Iskenderun

8 mm

2,593

447

0

+1

Iskenderun

10 mm

2,581

445

0

+2

Iskenderun

12 mm

2,568

443

0

+2

Izmir

8 mm

2,576

444

-17

-2

Izmir

10 mm

2,568

443

-17

-1

Izmir

12 mm

2,559

441

-17

-2

Karabuk

8 mm

2,576

444

0

+1

Karabuk

12 mm

2,559

441

0

+1

 

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

$1 = TRY 5.80


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