Rebar prices in Turkish market on the rise
Prices of reinforcing bars in the Turkish local market indicate an increase in Payas and Aegean regions this week, but the prices in Marmara region remained unchanged compared to previous week. The rebar prices started to pick up due to the increase in scrap prices. The prices are at the following levels this week:Marmara Region: Small dia.: TRY 660-675/mt (approx. $423-432/mt) Medium dia: TRY 640-655/mt (approx. $410-420/mt) Large dia.: TRY 635-650/mt (approx. $407-416/mt) Payas Region: Small dia.: TRY 630/mt (approx. $404/mt) Large dia.: TRY 620/mt (approx. $397/mt) Aegean Region: Small dia.: TRY 655-660/mt (approx. $420-423/mt) Medium dia: TRY 640-645/mt (approx. $410-413/mt) Large dia.: TRY 630-635/mt (approx. $404-407/mt)All TRY prices include 18% VAT. USD equivalents exclude VAT. 1 USD = 1.3230 TRY