Local Turkish rebar spot prices move down

Tuesday, 03 September 2019 17:08:39 (GMT+3)   |   Istanbul
       

Today, September 3, spot rebar prices in Turkey have moved down due to the ongoing weakness of business activity.

Meanwhile, today, Turkish mill Icdas has kept its 12-32 mm rebar prices stable at TRY 2,593/mt ($451/mt) ex-works, while Izmir Demir Celik has also maintained its 12-32 mm rebar prices unchanged, keeping them at TRY 2,585/mt ($450/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)

02.09.2019

02.09.2019

Marmara

8 mm

2.568

447

-8

+6

Marmara

12 mm

2.551

444

-8

+6

Iskenderun

8 mm

2.568

447

-17

+4

Iskenderun

10 mm

2.555

444

-17

+4

Iskenderun

12 mm

2.542

442

-17

+4

Izmir

8 mm

2.559

445

-17

+4

Izmir

10 mm

2.551

444

-17

+4

Izmir

12 mm

2.542

442

-17

+4

Karabuk

8 mm

2.551

444

-17

+4

Karabuk

12 mm

2.534

441

-17

+4

 

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

$1 = TRY 5.75


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