In the local Turkish rebar market, prices have declined by TRY 40-70/mt ($20-36/mt) as compared to last week. In the domestic market, where end-user demand has been on a slack trend, it is heard that some traders have concluded sales below the levels presented below.
The current rebar prices from local mills in the Turkish domestic market are as follows:
Region |
Product |
Price |
Marmara |
8 mm |
TRY 910/mt (approx. $464/mt) |
Marmara |
12 mm |
TRY 890/mt (approx. $454/mt) |
Iskenderun |
8 mm |
TRY 860/mt (approx. $438/mt) |
Iskenderun |
12 mm |
TRY 850/mt (approx. $433/mt) |
Izmir |
8 mm |
TRY 870/mt (approx. $444/mt) |
Izmir |
12 mm |
TRY 850/mt (approx. $433/mt) |
Karabuk |
8 mm |
TRY 850/mt (approx. $433/mt) |
Karabuk |
12 mm |
TRY 840/mt (approx. $429/mt) |
All prices are ex-works/ex-warehouse and on actual weight basis, while TRY prices are including VAT and US$ prices are excluding VAT.
US$1 = TRY 1.66146