Today, November 25, rebar spot prices in Turkey have risen by TRY 50-120/mt ($4-11/mt). As a result, 12 mm rebar spot prices have settled within the range of TRY 4,800-4,860/mt or $510-516/mt ex-warehouse depending on the region.
One Marmara-based steelmaker closed its rebar sales in the afternoon.
In the Izmir region, Izmir Demir Celik (IDC) is currently offering rebar at TRY 4,850/mt ($515/mt) ex-works.
In the Iskenderun region, Bastug A.S. has opened its rebar sales at TRY 4,860/mt ($516/mt) ex-works and closed in the afternoon.
Karabuk-based Yolbulan opened its rebar sales at TRY 4,940/mt ($525/mt) ex-works today.
Samsun-based Yesilyurt has announced its rebar sales at TRY 4,910/mt ($521/mt) ex-works. The producer’s rebar price is up by TRY 90/mt ($8/mt) over the day.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
24.11.2020 |
24.11.2020 |
||||
|
Marmara |
8 mm |
518 |
4,880 |
+7 |
+80 |
|
Marmara |
12 mm |
516 |
4,860 |
+7 |
+80 |
|
Iskenderun |
8 mm |
517 |
4,870 |
+10 |
+110 |
|
Iskenderun |
10 mm |
516 |
4,855 |
+11 |
+110 |
|
Iskenderun |
12 mm |
514 |
4,840 |
+10 |
+110 |
|
Izmir |
8 mm |
512 |
4,820 |
+4 |
+50 |
|
Izmir |
10 mm |
511 |
4,810 |
+4 |
+50 |
|
Izmir |
12 mm |
510 |
4,800 |
+4 |
+50 |
|
Karabuk |
8 mm |
517 |
4,870 |
+11 |
+120 |
|
Karabuk |
12 mm |
515 |
4,850 |
+11 |
+120 |
All prices are ex-warehouse and on actual weight basis. Prices on Turkish lira basis include 18 percent VAT, while prices on US dollar basis exclude VAT.
$1 = TRY 7.98