Domestic rebar prices in Turkey have increased slightly today, October 11, due to depreciation of Turkish lira against the US dollar. Meantime, today, Turkish mill Icdas has increased its 12-32 mm by TRY 25/mt ($4/mt) to TRY 2,441/mt ($418/mt) ex-works, while Izmir Demir Celik has also increased its price 12-32 mm rebar prices by TRY 25/mt ($4/mt) to TRY 2,441/mt ($418/mt) ex-works, both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
10.10.2019 |
10.10.2019 |
||||
Marmara |
8 mm |
2,441 |
418 |
+26 |
+8 |
Marmara |
12 mm |
2,424 |
415 |
+26 |
+8 |
Iskenderun |
8 mm |
2,500 |
428 |
+34 |
+10 |
Iskenderun |
10 mm |
2,487 |
426 |
+34 |
+9 |
Iskenderun |
12 mm |
2,475 |
424 |
+34 |
+10 |
Izmir |
8 mm |
2,424 |
415 |
+9 |
+5 |
Izmir |
10 mm |
2,415 |
414 |
+8 |
+5 |
Izmir |
12 mm |
2,407 |
412 |
+9 |
+5 |
Karabuk |
8 mm |
2,415 |
414 |
+25 |
+8 |
Karabuk |
12 mm |
2,398 |
411 |
+25 |
+8 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = 5.84 TRY