Today, September 17, Turkish domestic rebar spot prices have increased by TRY 20-60/mt ($1-4/mt) to offset currency fluctuations. Accordingly, 12 mm rebar prices in the overall local Turkish spot market have settled at TRY 4,020-4,050/mt ($452-455/mt) ex-warehouse, depending on the region.
Icdas has increased its official rebar price by TRY 20/mt at TRY 4,120/mt ($463/mt) ex-works today. Moreover, most mills in the Izmir and Marmara regions have kept their rebar prices at TRY 4,090/mt ($460/mt) ex-works today. In the Karabuk region, Yesilyurt A.S. has also opened its rebar sales at TRY 4,100/mt ($460/mt). No fresh rebar sale has been heard so far.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
16.09.2020 |
16.09.2020 |
||||
Marmara |
8 mm |
457 |
4,070 |
+2 |
+40 |
Marmara |
12 mm |
455 |
4,050 |
+2 |
+40 |
Iskenderun |
8 mm |
455 |
4,050 |
0 |
+20 |
Iskenderun |
10 mm |
454 |
4,035 |
0 |
+20 |
Iskenderun |
12 mm |
452 |
4,020 |
0 |
+20 |
Izmir |
8 mm |
456 |
4,060 |
+4 |
+60 |
Izmir |
10 mm |
455 |
4,050 |
+4 |
+60 |
Izmir |
12 mm |
454 |
4,040 |
+4 |
+60 |
Karabuk |
8 mm |
455 |
4,050 |
+1 |
+30 |
Karabuk |
12 mm |
453 |
4,030 |
+1 |
+30 |
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 7.54