Turkish domestic rebar spot prices decrease further

Friday, 02 April 2021 17:58:44 (GMT+3)   |   Istanbul
       

Today, April 2, rebar spot prices in Turkey have decreased by TRY 70-110/mt ($5-9/mt), amid currency fluctuations and the negative sentiment on the demand side. Accordingly, 12 mm rebar spot prices in Turkey are now at TRY 5,750-5,850/mt or $600-611/mt ex-warehouse, depending on the region.

Most mills in the Marmara and Izmir regions are currently offering rebar at $620-630/mt ex-works at the current exchange rate.

In the Samsun region, Yesilyurt A.S. has opened its rebar sales at TRY 5,970/mt ($623/mt) ex-works at the current exchange rate.

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)

1.04.2021

1.04.2021

Marmara

8 mm

613

5,870

-9

-110

Marmara

12 mm

611

5,850

-9

-110

Iskenderun

8 mm

603

5,780

-8

-100

Iskenderun

10 mm

602

5,765

-8

-100

Iskenderun

12 mm

600

5,750

-8

-100

Izmir

8 mm

604

5,790

-8

-100

Izmir

10 mm

603

5,780

-8

-100

Izmir

12 mm

602

5,770

-8

-100

Karabuk

8 mm

607

5,820

-5

-70

Karabuk

12 mm

605

5,800

-5

-70

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 8.12


Tags: Rebar Longs Turkey Europe 

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