Turkish domestic rebar prices decrease slightly

Wednesday, 26 June 2019 16:58:22 (GMT+3)   |   Istanbul
       

Spot rebar prices in Turkey have decreased slightly today, June 26, with Turkish traders becoming reluctant to conclude new purchases due to their excess stocks.

Today, Turkish mill Izmir Demir Celik kept its 12-32 mm rebar prices at TRY 2,712/mt ($470/mt) ex-works, while Icdas has increased its 12-32 mm rebar prices by TRY 30/mt to TRY 2,730/mt ($473/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)

25.06.2019

25.06.2019

Marmara

8 mm

2,686

466

9

1

Marmara

12 mm

2,669

463

9

1

Iskenderun

8 mm

2,678

464

17

3

Iskenderun

10 mm

2,665

462

17

3

Iskenderun

12 mm

2,653

460

16

3

Izmir

8 mm

2,678

464

17

3

Izmir

10 mm

2,669

463

17

3

Izmir

12 mm

2,661

461

17

3

Karabuk

8 mm

2,661

461

17

3

Karabuk

12 mm

2,636

457

17

3

 

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

$1 = TRY 5.77

 


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