Turkish domestic rebar prices rise slightly except in Iskenderun region

Wednesday, 22 May 2019 16:55:28 (GMT+3)   |   Istanbul
       

Domestic rebar prices in Turkey have moved up slightly, except for quotations in the Iskenderun region, due to the depreciation of the Turkish lira against the US dollar.

Additionally, today, Turkish mill Icdas has kept its 12-32 mm rebar prices stable at TRY 2,950/mt ($484/mt) ex-works, while Izmir Demir Celik has kept its 12-32 mm rebar prices unchanged at TRY 2,924/mt ($479/mt) ex-works, both excluding VAT.

As of today, May 22, rebar offers in the Turkish spot market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

21.05.2019

21.05.2019

Marmara

8 mm

2,915

478

17

1

Marmara

12 mm

2,898

475

17

 

0

Iskenderun

8 mm

2,847

467

 

0

2

Iskenderun

10 mm

2,835

465

 

0

2

Iskenderun

12 mm

2,822

463

 

0

2

Izmir

8 mm

2,898

475

17

 

0

Izmir

10 mm

2,890

474

17

1

Izmir

12 mm

2,881

472

17

 

0

Karabuk

8 mm

2,881

472

8

1

Karabuk

12 mm

2,864

470

8

 

0

 

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

$1 = TRY 6.10


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