Rebar prices stable in Turkish domestic spot market

Tuesday, 15 May 2012 15:51:00 (GMT+3)   |  
       

Sales activity in the Turkish domestic rebar market is still quiet and prices have not shown any changes today, May 15. The market is still waiting for local producers to announce new rebar prices, while buyers are delaying their purchases in order to see new price levels and to better evaluate the market trend.

According to information collected by SteelOrbis from market sources, as of today, May 15, rebar prices in the Turkish domestic steel market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price change (TRY/mt)

14.05.2012

Marmara

8 mm

1,410

660

0

Marmara

12 mm

1,390

651

0

Iskenderun

8 mm

1,410

660

0

Iskenderun

10 mm

1,400

655

0

Iskenderun

12 mm

1,390

651

0

Izmir

8 mm

1,395

653

0

Izmir

10 mm

1,380

646

0

Izmir

12mm

1,370

641

0

Karabuk

8 mm

1,405

658

0

Karabuk

12 mm

1,385

648

0

All prices are ex-warehouse and on actual weight basis. The TRY prices include 18 percent VAT, while the US$ prices exclude VAT.

$1 = TRY 1.81


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