Turkish domestic rebar prices fall further, Karabuk region remains the exception

Tuesday, 28 May 2019 17:53:39 (GMT+3)   |   Istanbul
       

Demand in the local Turkish rebar market has remained at low levels as buyers continue to conclude purchases only in line with their daily needs.

Additionally, today, Turkish mill Icdas has kept its 12-32 mm rebar prices stable at TRY 2,940/mt ($489/mt) ex-works, while Izmir Demir Celik has kept its 12-32 mm rebar prices unchanged at TRY 2,941/mt ($489/mt) ex-works, both excluding VAT.

As of today, May 28, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

27.05.2019

27.05.2019

Marmara

8 mm

2,898

482

9

2

Marmara

12 mm

2,881

479

9

1

Iskenderun

8 mm

2,898

482

9

2

Iskenderun

10 mm

2,886

480

8

2

Iskenderun

12 mm

2,873

478

8

2

Izmir

8 mm

2,898

482

17

 

0

Izmir

10 mm

2,890

481

17

1

Izmir

12 mm

2,881

479

17

 

0

Karabuk

8 mm

2,881

479

0

0

3

Karabuk

12 mm

2,864

477

0

0

4

 

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

$1 = TRY 6.01

 


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