Today, on July 1, Turkish domestic rebar spot prices have remained stable at TRY 3,360-3,400/mt ($416-421/mt) ex-warehouse depending on the region.
Most Turkish mills, mainly in the Marmara and Izmir regions, have kept their rebar prices stable in the current price range of TRY 3,380-3,450/mt ($418-427/mt) ex-works. Sources report approximately 5,000 mt of rebar have been traded in the Marmara region at close to TRY 3,400/mt ($421/mt) ex-works as of today. Moreover, limited availability of sizes is an issue especially in the Marmara region.
In the Iskenderun region, Bastug A.S. opened its 12 mm rebar sales at TRY 3,440/mt ($426/mt) ex-works. Koc Metalurgy A.S. opened its rebar sales today at TRY 3,450/mt ($427/mt) ex-works, but stopped offering in the afternoon.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
30.06.2020 |
30.06.2020 |
||||
|
Marmara |
8 mm |
422 |
3,410 |
0 |
0 |
|
Marmara |
12 mm |
419 |
3,390 |
0 |
0 |
|
Iskenderun |
8 mm |
424 |
3,430 |
0 |
0 |
|
Iskenderun |
10 mm |
422 |
3,415 |
0 |
0 |
|
Iskenderun |
12 mm |
421 |
3,400 |
0 |
0 |
|
Izmir |
8 mm |
418 |
3,380 |
0 |
0 |
|
Izmir |
10 mm |
417 |
3,370 |
0 |
0 |
|
Izmir |
12 mm |
416 |
3,360 |
0 |
0 |
|
Karabuk |
8 mm |
422 |
3,410 |
0 |
0 |
|
Karabuk |
12 mm |
419 |
3,390 |
0 |
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 6.85