Local Turkish rebar spot prices move down further

Friday, 13 September 2019 17:23:05 (GMT+3)   |   Istanbul
       

Today, domestic rebar prices in Turkish spot market have decreased by TRY 8-51/mt, due to softening in import scrap prices. Meanwhile, demand from the local customers has remained subdued, SteelOrbis understands. 

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)

12.09.2019

12.09.2019

Marmara

8 mm

2,390

421

-42

-6

Marmara

12 mm

2,373

418

-42

-6

Iskenderun

8 mm

2,432

428

-51

-8

Iskenderun

10 mm

2,419

426

-51

-8

Iskenderun

12 mm

2,407

424

-51

-8

Izmir

8 mm

2,415

425

-9

-1

Izmir

10 mm

2,407

424

-8

0

Izmir

12 mm

2,398

422

-9

-1

Karabuk

8 mm

2,407

424

-9

0

Karabuk

12 mm

2,390

421

-9

0

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

$1 = TRY 5.68

 


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