Today, November 24, rebar spot prices in Turkey have risen by TRY 80-150/mt, with minor changes on US dollar basis, to offset currency fluctuations. As of today, 12 mm rebar spot prices have settled within the range of TRY 4,730-4,780/mt or $504-509/mt, ex-warehouse depending on the region.
Most mills in the Marmara region are currently offering rebar at TRY 4,800-4,885/mt ex-works ($511-520/mt) ex-works.
In the Iskenderun region, Bastug A.S. has closed its rebar sales as of today.
Samsun-based Yesilyurt has announced its rebar sales at TRY 4,820/mt ($513/mt) ex-works, up by TRY 120/mt in the local currency, while remaining unchanged on US dollar basis.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
23.11.2020 |
23.11.2020 |
||||
|
Marmara |
8 mm |
511 |
4,800 |
-4 |
+80 |
|
Marmara |
12 mm |
509 |
4,780 |
-4 |
+80 |
|
Iskenderun |
8 mm |
507 |
4,760 |
+2 |
+130 |
|
Iskenderun |
10 mm |
505 |
4,745 |
+2 |
+130 |
|
Iskenderun |
12 mm |
504 |
4,730 |
+2 |
+130 |
|
Izmir |
8 mm |
508 |
4,770 |
+4 |
+150 |
|
Izmir |
10 mm |
507 |
4,760 |
+4 |
+150 |
|
Izmir |
12 mm |
506 |
4,750 |
+4 |
+150 |
|
Karabuk |
8 mm |
506 |
4,750 |
0 |
+110 |
|
Karabuk |
12 mm |
504 |
4,730 |
0 |
+110 |
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 7.96