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