Local Turkish rebar spot prices increase slightly

Monday, 26 August 2019 17:49:12 (GMT+3)   |   Istanbul
       

Due to the depreciation of the Turkish lira against the US dollar, rebar spot prices in Turkey have increased slightly.

However, today, August 26, Turkish mill Icdas has reduced its 12-32 mm rebar prices by TRY 34/mt to 2,593/mt ($447/mt) ex-works due to the weakness of demand, while Izmir Demir Celik has kept its 12-32 mm rebar prices unchanged at TRY 2,627/mt ($453/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)

23.08.2018

23.08.2018

Marmara

8 mm

2,610

450

+17

+1

Marmara

12 mm

2,593

447

+17

+1

Iskenderun

8 mm

2,619

451

+26

+2

Iskenderun

10 mm

2,606

449

+25

+2

Iskenderun

12 mm

2,593

447

+25

+2

Izmir

8 mm

2,602

449

+26

+3

Izmir

10 mm

2,593

447

+25

+2

Izmir

12 mm

2,585

446

+26

+2

Karabuk

8 mm

2,568

443

+9

-1

Karabuk

12 mm

2,551

440

+9

-1

 

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

$1 = TRY 5.80

 


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