Local Turkish rebar spot prices move sideways

Thursday, 03 December 2020 17:05:41 (GMT+3)   |   Istanbul
       

Today, December 3, rebar spot prices in Turkey have moved sideways on lira basis, with minor changes on US dollar basis, amid currency fluctuations. As of today, 12 mm rebar spot prices in Turkey have settled within the range of TRY 4,890-4,970/mt or $530-539/mt ex-warehouse depending on the region.

Most mills in Marmara and the Izmir region are currently offering rebar at TRY 4,940-5,095/mt ($535-552/mt) ex-works, with minor changes on US dollar and lira basis today.

In the Karabuk region, Yolbulan A.S. is currently offering rebar at TRY 5,050/mt ($547/mt) ex-works, up by TRY 50/mt ($7/mt) today, while Samsun-based Yesilyurt A.S. has opened its rebar sales at TRY 5,080/mt ($551/mt) ex-works, up by TRY 30/mt ($5/mt). No fresh rebar sale has been heard for now.

As of today, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price ($/mt)

Price (TRY/mt)

Price changes ($/mt)

Price changes (TRY/mt)

2.12.2020

2.12.2020

Marmara

8 mm

541

4,990

+2

0

Marmara

12 mm

539

4,970

+2

0

Iskenderun

8 mm

533

4,920

+1

0

Iskenderun

10 mm

532

4,905

+2

0

Iskenderun

12 mm

530

4,890

+1

0

Izmir

8 mm

533

4,920

+1

0

Izmir

10 mm

532

4,910

+1

0

Izmir

12 mm

531

4,900

+1

0

Karabuk

8 mm

541

4,990

+2

0

Karabuk

12 mm

539

4,970

+2

0

All prices are ex-warehouse and on actual weight basis. Prices on Turkish lira basis include 18 percent VAT, while prices on US dollar basis exclude VAT. 

$1 = TRY 7.82


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