Today, September 29, Turkish domestic rebar spot prices have increased by TRY 10-30/mt ($1-4/mt) to offset currency fluctuations. Accordingly, 12 mm rebar prices in the overall local Turkish spot market have settled at TRY 4,160-4,200/mt ($451-456/mt) ex-warehouse, depending on the region.
Today, İçdaş has increased its official rebar price in the local currency by TRY 40/mt to TRY 4,270/mt ($463/mt) ex-works, with its dollar-based price up $1/mt on the same day from $462/mt ex-works this morning.
An Izmir-based mill has kept its rebar price at TRY 4,195/mt ($455/mt) ex-works.
In Karabuk, Yolbulan has opened its rebar sales today at TRY 4,190/mt ($455/mt) ex-works, up TRY 10/mt ($1/mt).
In Samsun, Yeşilyurt A.Ş. has also raised its rebar prices, by TRY 20/mt ($2/mt), to TRY 4,250/mt ($461/mt) ex-works. No fresh rebar sales are heard for now.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
28.09.2020 |
28.09.2020 |
||||
|
Marmara |
8 mm |
458 |
4,220 |
+2 |
+20 |
|
Marmara |
12 mm |
456 |
4,200 |
+2 |
+20 |
|
Iskenderun |
8 mm |
455 |
4,190 |
+4 |
+30 |
|
Iskenderun |
10 mm |
453 |
4,175 |
+3 |
+30 |
|
Iskenderun |
12 mm |
451 |
4,160 |
+3 |
+30 |
|
Izmir |
8 mm |
454 |
4,180 |
+2 |
+10 |
|
Izmir |
10 mm |
452 |
4,170 |
+1 |
+10 |
|
Izmir |
12 mm |
451 |
4,160 |
+1 |
+10 |
|
Karabuk |
8 mm |
454 |
4,180 |
+4 |
+30 |
|
Karabuk |
12 mm |
451 |
4,160 |
+3 |
+30 |
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 7.81