Today, December 10, rebar spot prices in Turkey have increased by TRY 80-120/mt ($6-10/mt) amid the positive sentiment in the import scrap segment. As of today, 12 mm rebar spot prices in Turkey have settled within the range of TRY 5,280-5,330/mt or $569-574/mt ex-warehouse depending on the region.
Most mills in the Marmara region are currently offering rebar at TRY 5,340-5,385/mt ($575-580/mt) ex-works, while a few Marmara-based mills closed their rebar sales in the afternoon. Over 10,000 mt of rebar has been traded at TRY 5,220/mt ($562/mt) ex-works in this region today.
In the Iskenderun region, Bastug A.S. has closed its rebar sales today.
In the Karabuk region, Yolbulan A.S. has closed its rebar sales today, while in the Samsun region Yesilyurt has opened its rebar sales at TRY 5,400/mt ($581/mt) ex-works today, up by TRY 100/mt ($7/mt).
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
9.12.2020 |
9.12.2020 |
||||
Marmara |
8 mm |
576 |
5,350 |
+9 |
+110 |
Marmara |
12 mm |
574 |
5,330 |
+9 |
+110 |
Iskenderun |
8 mm |
574 |
5,330 |
+8 |
+100 |
Iskenderun |
10 mm |
572 |
5,315 |
+8 |
+100 |
Iskenderun |
12 mm |
571 |
5,300 |
+8 |
+100 |
Izmir |
8 mm |
571 |
5,300 |
+6 |
+80 |
Izmir |
10 mm |
570 |
5,290 |
+6 |
+80 |
Izmir |
12 mm |
569 |
5,280 |
+6 |
+80 |
Karabuk |
8 mm |
573 |
5,320 |
+10 |
+120 |
Karabuk |
12 mm |
571 |
5,300 |
+10 |
+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 7.87