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