Today, November 13, rebar spot prices in Turkey have decreased by TRY 50-80/mt or $10-13/mt. As of today, 12 mm rebar spot prices have settled within the range of TRY 4,330-4,380/mt, while decreased on dollar basis from yesterday’s levels of $487-492/mt ex-warehouse to $474-480/mt, depending on the region.
On the other hand, Icdas’s rebar offers have settled at TRY 4,420/mt or $484/mt ex-works at the current exchange rate. In Izmir, IDC and another mill have offered rebar at TRY 4,350/mt ($476/mt) ex-works today. In the Karabuk region, Yolbulan A.S. has opened its rebar sales at TRY 4,400/mt ($482/mt) ex-work, while Samsun-based Yesilyurt has offered TRY 4,430/mt ($485/mt) ex-works for rebar.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
12.11.2020 |
12.11.2020 |
||||
|
Marmara |
8 mm |
482 |
4,400 |
-12 |
-70 |
|
Marmara |
12 mm |
480 |
4,380 |
-12 |
-70 |
|
Iskenderun |
8 mm |
477 |
4,360 |
-13 |
-80 |
|
Iskenderun |
10 mm |
476 |
4,345 |
-13 |
-80 |
|
Iskenderun |
12 mm |
474 |
4,330 |
-13 |
-80 |
|
Izmir |
8 mm |
477 |
4,360 |
-13 |
-80 |
|
Izmir |
10 mm |
476 |
4,350 |
-13 |
-80 |
|
Izmir |
12 mm |
475 |
4,340 |
-13 |
-80 |
|
Karabuk |
8 mm |
482 |
4,400 |
-10 |
-50 |
|
Karabuk |
12 mm |
480 |
4,380 |
-10 |
-50 |
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 7.74