Domestic rebar prices in Turkey have continued to move down due to lower import scrap quotations and the weakness of demand.
Today, June 18, Turkish mill Izmir Demir Celik has kept its 12-32 mm rebar prices stable at TRY 2,754/mt ($472/mt) ex-works, while Icdas has kept its 12-32 mm rebar prices unchanged at TRY 2,770/mt ($474/mt) ex-works, both excluding VAT.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
||
|
17.06.2019 |
17.06.2019 |
||||||
|
Marmara |
8 mm |
2,720 |
466 |
↓ |
43 |
↓ |
5 |
|
Marmara |
12 mm |
2,703 |
463 |
↓ |
43 |
↓ |
5 |
|
Iskenderun |
8 mm |
2,712 |
464 |
↓ |
51 |
↓ |
7 |
|
Iskenderun |
10 mm |
2,699 |
462 |
↓ |
51 |
↓ |
6 |
|
Iskenderun |
12 mm |
2,686 |
460 |
↓ |
51 |
↓ |
6 |
|
Izmir |
8 mm |
2,720 |
466 |
↓ |
43 |
↓ |
5 |
|
Izmir |
10 mm |
2,712 |
464 |
↓ |
42 |
↓ |
5 |
|
Izmir |
12 mm |
2,703 |
463 |
↓ |
43 |
↓ |
5 |
|
Karabuk |
8 mm |
2,695 |
461 |
↓ |
42 |
↓ |
5 |
|
Karabuk |
12 mm |
2,678 |
459 |
↓ |
42 |
↓ |
4 |
All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT.
$1 = TRY 5.84