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