Local Turkish rebar spot prices move sideways

Monday, 19 August 2019 17:14:17 (GMT+3)   |   Istanbul
       

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


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