Local Turkish rebar spot prices rise slightly

Wednesday, 09 October 2019 17:23:40 (GMT+3)   |   Istanbul
       

Domestic rebar spot prices in Turkey have increased slightly today, October 9, due to the depreciation of the Turkish lira against the US dollar. Meanwhile, today, Turkish mill Icdas has kept its 12-32 mm rebar prices at TRY 2,398 ($412/mt) ex-works, while Izmir Demir Celik has increased its price for 12-32 mm rebar prices by TRY 18/mt ($3/mt) at TRY 2,415/mt ($415/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)

08.10.2019

08.10.2019

Marmara

8 mm

2,381

409

+17

+2

Marmara

12 mm

2,364

406

+17

+2

Iskenderun

8 mm

2,441

419

+17

+2

Iskenderun

10 mm

2,428

417

+17

+2

Iskenderun

12 mm

2,415

415

+17

+2

Izmir

8 mm

2,390

411

+9

+1

Izmir

10 mm

2,381

409

+8

+1

Izmir

12 mm

2,373

408

+9

+1

Karabuk

8 mm

2,356

405

0

0

Karabuk

12 mm

2,339

402

0

-1

All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT. 

$1 = TRY 5.82


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