Due to the weakness of demand in the local Turkish rebar market, spot rebar prices have moved sideways today, September 16. Meanwhile, today, Turkish mill Icdas has kept its 12-32 mm rebar prices to TRY 2,500/mt ($437/mt) ex-works, while Izmir Demir Celik has increased its 12-32 mm rebar prices by TRY 20/mt at TRY 2,458/mt ($430/mt) ex-works, both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
|
13.09.2019 |
13.09.2019 |
||||
|
Marmara |
8 mm |
2,390 |
418 |
- |
-3 |
|
Marmara |
12 mm |
2,373 |
415 |
- |
-3 |
|
Iskenderun |
8 mm |
2,432 |
425 |
- |
-3 |
|
Iskenderun |
10 mm |
2,419 |
423 |
- |
-3 |
|
Iskenderun |
12 mm |
2,407 |
421 |
- |
-3 |
|
Izmir |
8 mm |
2,415 |
422 |
- |
-3 |
|
Izmir |
10 mm |
2,407 |
421 |
- |
-3 |
|
Izmir |
12 mm |
2,398 |
419 |
- |
-3 |
|
Karabuk |
8 mm |
2,407 |
421 |
- |
-3 |
|
Karabuk |
12 mm |
2,390 |
418 |
- |
-3 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.72