Today, June 5, Turkish domestic rebar spot prices have increased by TRY 30-70/mt ($3-9/mt) to TRY 3,340-3,400/mt ($418-426/mt) ex-warehouse depending on the region.
Local mill Icdas closed its rebar sales at noon today at TRY 3,310/mt ($414/mt) ex-works, after selling approximately 10,000 mt, according to sources. Other mills in the Marmara region are currently offering rebar at TRY 3,355-3,395/mt ($420-425/mt) ex-works, up by TRY 45-69/mt ($5-8/mt) today.
Izmir Demir Celik (IDC) has kept its rebar price at TRY 3,350/mt ($419/mt) ex-works. Another mill in the Izmir region has increased its rebar price by TRY 20/mt ($2/mt) to TRY 3,330/mt ($417/mt) ex-works. Sources report that approximately 20,000 mt of rebar have been traded in the Izmir region at TRY 3,330/mt ($417/mt) ex-works.
In the Iskenderun region, Bastug A.S. has closed its rebar sales. Koc Metalurji has opened its 12 mm rebar sales at TRY 3,430/mt ($429/mt) ex-works as of today.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
4.06.2020 |
4.06.2020 |
||||
|
Marmara |
8 mm |
426 |
3,400 |
+9 |
+70 |
|
Marmara |
12 mm |
423 |
3,380 |
+8 |
+70 |
|
Iskenderun |
8 mm |
429 |
3,430 |
+3 |
+30 |
|
Iskenderun |
10 mm |
427 |
3,415 |
+3 |
+30 |
|
Iskenderun |
12 mm |
426 |
3,400 |
+4 |
+30 |
|
Izmir |
8 mm |
422 |
3,370 |
+5 |
+40 |
|
Izmir |
10 mm |
421 |
3,360 |
+5 |
+40 |
|
Izmir |
12 mm |
419 |
3,350 |
+4 |
+40 |
|
Karabuk |
8 mm |
421 |
3,360 |
+6 |
+50 |
|
Karabuk |
12 mm |
418 |
3,340 |
+6 |
+50 |
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 6.77