Today, January 25, spot prices in the local Turkish rebar market have decreased by TRY 20-60/mt, except in the Marmara region, from the end of last week, with minor changes on US dollar basis, amid currency fluctuations and sluggish demand resulting from adverse weather conditions. As of today, 12 mm rebar spot prices in Turkey have settled at TRY 5,300-5,400/mt or $608-619/mt ex-warehouse depending on the region.
Icdas has issued its rebar price at TRY 5,520/mt ($633/mt) ex-works, up by $1/mt compared to earlier this morning. Most Marmara-based mills are currently offering rebar at TRY 5,535-5,580/mt ($635-640/mt) ex-works.
In the Iskenderun region, Bastug Metallurgy has opened its rebar sales at TRY 5,520/mt ($633/mt) ex-works today.
In the Karabuk region, Yolbulan A.S. has closed its rebar sales. Yesilyurt A.S. today issued its rebar price at TRY 5,520/mt ($633/mt) ex-works, after a long absence.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
22.01.2021 |
22.01.2021 |
||||
|
Marmara |
8 mm |
622 |
5,420 |
+3 |
0 |
|
Marmara |
12 mm |
619 |
5,400 |
+2 |
0 |
|
Iskenderun |
8 mm |
611 |
5,330 |
0 |
-20 |
|
Iskenderun |
10 mm |
610 |
5,315 |
+1 |
-20 |
|
Iskenderun |
12 mm |
608 |
5,300 |
0 |
-20 |
|
Izmir |
8 mm |
612 |
5,340 |
-1 |
-30 |
|
Izmir |
10 mm |
611 |
5,330 |
-1 |
-30 |
|
Izmir |
12 mm |
610 |
5,320 |
-1 |
-30 |
|
Karabuk |
8 mm |
615 |
5,360 |
-4 |
-60 |
|
Karabuk |
12 mm |
612 |
5,340 |
-5 |
-60 |
All prices are ex-warehouse and on actual weight basis. Prices on Turkish lira basis include 18 percent VAT, while prices on US dollar basis exclude VAT.
$1 = TRY 7.39