Price levels in the Turkish domestic rebar market have registered an increase due to the upward trend of the US dollar against the Turkish lira. However, the end-user demand in the local market has been maintaining its sluggishness.
Current rebar prices in the Turkish domestic market are as follows:
Region | Product | Price |
Marmara | 8 mm | TRY 1,120/mt (approx. $712/mt) |
Marmara | 12 mm | TRY 1,100/mt (approx. $699/mt) |
Iskenderun | 8 mm | TRY 1,030/mt (approx. $654/mt) |
Iskenderun | 12 mm | TRY 1,020/mt (approx. $648/mt) |
Izmir | 8 mm | TRY 1,060/mt (approx. $673/mt) |
Izmir | 12 mm | TRY 1,040/mt (approx. $661/mt) |
Sivas | 12-22 mm | TRY 1,020/mt (approx. $648/mt) |
Karabük | 8 mm | TRY 1,030/mt (approx. $654/mt) |
Karabük | 12 mm | TRY 1,020/mt (approx. $648/mt) |
The above TRY prices are ex-works, on actual weight basis and including VAT, while the US$ prices are ex-works, on actual weight basis and excluding VAT.