Today, December 2, rebar spot prices in Turkey have mainly decreased by TRY 10-30/mt, with minor changes on US dollar basis, amid currency fluctuations. Only in the Karabuk region have rebar prices remained unchanged compared to yesterday. As of today, 12 mm rebar spot prices in Turkey have settled within the range of TRY 4,890-4,970/mt or $529-537/mt ex-warehouse depending on the region.
Most mills in Marmara and the Izmir region are currently offering rebar at TRY 4,950-5,090 /mt ($535-550/mt) ex-works.
In the Karabuk region, Yolbulan A.S. is currently offering rebar at TRY 5,000/mt ($540/mt) ex-works, down by TRY 25/mt ($2/mt) today, while Samsun-based Yesilyurt A.S. has kept its rebar price at TRY 5,050/mt ($546/mt) ex-works, up by $2/mt on US dollar basis and stable in liras.
Some local traders have started giving discounts to destock their material due to ongoing credit issues.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
1.12.2020 |
1.12.2020 |
||||
|
Marmara |
8 mm |
539 |
4,990 |
0 |
-10 |
|
Marmara |
12 mm |
537 |
4,970 |
0 |
-10 |
|
Iskenderun |
8 mm |
532 |
4,920 |
-2 |
-30 |
|
Iskenderun |
10 mm |
530 |
4,905 |
-2 |
-30 |
|
Iskenderun |
12 mm |
529 |
4,890 |
-1 |
-30 |
|
Izmir |
8 mm |
532 |
4,920 |
-1 |
-20 |
|
Izmir |
10 mm |
531 |
4,910 |
-1 |
-20 |
|
Izmir |
12 mm |
530 |
4,900 |
0 |
-20 |
|
Karabuk |
8 mm |
539 |
4,990 |
+1 |
0 |
|
Karabuk |
12 mm |
537 |
4,970 |
+1 |
0 |
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 7.84