Today, December 24, spot prices in the local Turkish rebar market have remained unchanged in the local currency, while rising by $9-10/mt on US dollar basis due to currency fluctuations, as compared to Monday, December 20. As of today, 12 mm rebar spot prices in Turkey have remained at TRY 5,630-5,680/mt or $630-636/mt ex-warehouse depending on the region.
Icdas has kept its rebar sales price at TRY 5,650/mt ($633/mt) ex-works today. Producer’s price is stable in local currency, while it is $10/mt higher due to the currency fluctuations. In addition, one Marmara-based mill has started to offer rebar at TRY 5,805/mt ($650/mt) ex-works this afternoon, after selling 6,000 mt of rebar at TRY 5,715-5,760/mt ($640-645/mt) ex-works in earlier of the day.
Most Izmir-based mills are offering rebar at TRY 5,630/mt ($630/mt) ex-works. According to market sources, 5,000-8,000 mt of rebar has been traded in the region at this price level.
In Samsun, Yesilyurt A.S. has kept its rebar prices at TRY 5,800/mt ($649/mt) ex-works. The price is stable in local currency, while it is $9/mt higher due to the currency fluctuations.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
21.12.2020 |
21.12.2020 |
||||
Marmara |
8 mm |
638 |
5,700 |
+9 |
0 |
Marmara |
12 mm |
636 |
5,680 |
+9 |
0 |
Iskenderun |
8 mm |
636 |
5,680 |
+9 |
0 |
Iskenderun |
10 mm |
634 |
5,665 |
+9 |
0 |
Iskenderun |
12 mm |
633 |
5,650 |
+10 |
0 |
Izmir |
8 mm |
635 |
5,670 |
+9 |
0 |
Izmir |
10 mm |
634 |
5,660 |
+9 |
0 |
Izmir |
12 mm |
633 |
5,650 |
+10 |
0 |
Karabuk |
8 mm |
633 |
5,650 |
+10 |
0 |
Karabuk |
12 mm |
630 |
5,630 |
+9 |
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 7.57