Rebar demand in the Turkish domestic rebar market has this week been slow due to the cold weather conditions. As of yesterday, January 5, some sales have been heard at the price level of TRY 830/mt (approx. $469/mt) in the Iskenderun region, whereas the price lists of the mills in Istanbul are currently in the range of TRY 850-870/mt (approx. $472-483/mt).
Accordingly, the current rebar prices in the Turkish domestic market are as follows:
Region |
Product |
Price |
Marmara |
8 mm |
TRY 860/mt (approx. $478/mt) |
Marmara |
12 mm |
TRY 840/mt (approx. $466/mt) |
Iskenderun |
8 mm |
TRY 840/mt (approx. $466/mt) |
Iskenderun |
12 mm |
TRY 830/mt (approx. $469/mt) |
Izmir |
8 mm |
TRY 860/mt (approx. $478/mt) |
Izmir |
12 mm |
TRY 840/mt (approx. $466/mt) |
Karabuk |
8 mm |
TRY 850/mt (approx. $472/mt) |
Karabuk |
12 mm |
TRY 830/mt (approx. $469/mt) |
The above TRY prices are ex-works/ex-warehouse, on actual weight basis and including VAT, while the US$ prices are ex-works/ex-warehouse, on actual weight basis and excluding VAT.
US$1 = TRY 1.52607