Today, December 17, rebar spot prices in Turkey have decreased by TRY 20-30/mt, while rising by $6-8/mt on US dollar basis due to currency fluctuations and sluggish demand, as compared to Monday, December 14. As of today, 12 mm rebar spot prices in Turkey have settled within the range of TRY 5,520-5,630/mt or $604-616/mt ex-warehouse depending on the region.
Icdas has kept its rebar sales price at TRY 5,570/mt ($609/mt) ex-works today, stable on lira basis and up by $9/mt in US dollars over the same period.
In the Izmir region, Izmir Demir Celik (IDC) has issued its rebar price at TRY 5,485/mt ex-works ($600/mt) ex-works today, stable on US dollar basis and down by TRY 85/mt in the local currency.
In the Iskenderun region, Bastug A.S. has kept its rebar sales at TRY 5,800/mt ex-works ($634/mt) ex-works.
In the Samsun region, Yesilyurt A.S. has closed its rebar sales until Monday, December 21.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
14.12.2020 |
14.12.2020 |
||||
Marmara |
8 mm |
618 |
5,650 |
+7 |
-20 |
Marmara |
12 mm |
616 |
5,630 |
+8 |
-20 |
Iskenderun |
8 mm |
613 |
5,610 |
+7 |
-20 |
Iskenderun |
10 mm |
612 |
5,595 |
+7 |
-20 |
Iskenderun |
12 mm |
610 |
5,580 |
+7 |
-20 |
Izmir |
8 mm |
606 |
5,540 |
+6 |
-30 |
Izmir |
10 mm |
605 |
5,530 |
+6 |
-30 |
Izmir |
12 mm |
604 |
5,520 |
+6 |
-30 |
Karabuk |
8 mm |
610 |
5,580 |
+7 |
-20 |
Karabuk |
12 mm |
608 |
5,560 |
+7 |
-20 |
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 7.75