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