Rebar spot prices in Turkey have moved sideways today, October 28, ahead of the national holiday. Market sources state that the trend of local rebar prices will be clearer on Wednesday, October 30. Today, Turkish mills Icdas and Izmir Demir Celik has issued any announcements for their 12-32 mm rebar prices.
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) |
25.10.2019 |
25.10.2019 |
||||
Marmara |
8 mm |
2,432 |
422 |
0 |
+1 |
Marmara |
12 mm |
2,415 |
419 |
0 |
+1 |
Iskenderun |
8 mm |
2,466 |
428 |
0 |
0 |
Iskenderun |
10 mm |
2,453 |
426 |
0 |
0 |
Iskenderun |
12 mm |
2,441 |
424 |
0 |
0 |
Izmir |
8 mm |
2,424 |
421 |
0 |
+2 |
Izmir |
10 mm |
2,415 |
419 |
0 |
+1 |
Izmir |
12 mm |
2,407 |
418 |
0 |
+2 |
Karabuk |
8 mm |
2,424 |
421 |
0 |
+2 |
Karabuk |
12 mm |
2,407 |
418 |
0 |
+2 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = 5.76 TRY