Turkish domestic rebar prices continue their downtrend

Wednesday, 27 March 2019 17:08:31 (GMT+3)   |   Istanbul
       

As of today, March 27, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

26.03.2019

26.03.2019

Marmara

8 mm

2,746

504

68

3

Marmara

12 mm

2,729

501

68

3

Iskenderun

8 mm

2,737

502

68

3

Iskenderun

10 mm

2,725

500

67

3

Iskenderun

12 mm

2,712

498

68

3

Izmir

8 mm

2,771

508

43

1

Izmir

10 mm

2,763

507

42

2

Izmir

12 mm

2,754

505

43

1

Karabuk

8 mm

2,746

504

51

 

0

Karabuk

12 mm

2,729

501

51

 

0

 

On the other hand, Turkish steel mill Icdas has reduced its domestic 12-32 mm rebar sales prices by TRY 70/mt today to TRY 2,740/mt ($503/mt) ex-works. Additionally, another Turkish rebar producer Izmir Demir Celik has reduced its new 12-32 mm rebar sales prices by TRY 110/mt to TRY 2,729/mt ($501/mt) ex-works. All prices exclude 18 percent VAT.

All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.

$1 = TRY 5.45

 


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