Having returned to the market today, August 19, all players in the local Turkish rebar market are maintaining a wait-and-see stance for now.
On the other hand, today, Turkish steelmaker Icdas has announced its domestic 12-32 mm rebar prices at TRY 2,568/mt ($459/mt) ex-works, excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
16.08.2018 |
16.08.2018 |
||||
Marmara |
8 mm |
2,542 |
454 |
0 |
-2 |
Marmara |
12 mm |
2,525 |
451 |
0 |
-2 |
Iskenderun |
8 mm |
2,492 |
445 |
0 |
-2 |
Iskenderun |
10 mm |
2,479 |
443 |
0 |
-2 |
Iskenderun |
12 mm |
2,466 |
440 |
0 |
-3 |
Izmir |
8 mm |
2,525 |
451 |
0 |
-2 |
Izmir |
10 mm |
2,517 |
449 |
0 |
-3 |
Izmir |
12 mm |
2,508 |
448 |
0 |
-2 |
Karabuk |
8 mm |
2,475 |
442 |
0 |
-2 |
Karabuk |
12 mm |
2,458 |
439 |
0 |
-2 |
All prices are ex warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.60