Today, April 1, rebar spot prices in Turkey have decreased by TRY 40-100/mt, taking into account persisting currency fluctuations, with minor changes on US dollar basis, as compared to Tuesday, March 30. Accordingly, 12 mm rebar spot prices in Turkey are now at TRY 5,850-5,960/mt or $608-620/mt ex-warehouse, depending on the region. Local traders in the Marmara region have cut their prices less than traders in the other regions as some traders believe rebar prices may increase in the short term due to the positive sentiment on the export side.
Most mills in the Marmara region 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 $625/mt ex-works at the current exchange rate, up by $5/mt over the same period.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
30.03.2021 |
30.03.2021 |
||||
|
Marmara |
8 mm |
622 |
5,980 |
+6 |
-40 |
|
Marmara |
12 mm |
620 |
5,960 |
+6 |
-40 |
|
Iskenderun |
8 mm |
611 |
5,880 |
-1 |
-100 |
|
Iskenderun |
10 mm |
610 |
5,865 |
-1 |
-100 |
|
Iskenderun |
12 mm |
608 |
5,850 |
-1 |
-100 |
|
Izmir |
8 mm |
612 |
5,890 |
+1 |
-80 |
|
Izmir |
10 mm |
611 |
5,880 |
+1 |
-80 |
|
Izmir |
12 mm |
610 |
5,870 |
+1 |
-80 |
|
Karabuk |
8 mm |
612 |
5,890 |
+1 |
-80 |
|
Karabuk |
12 mm |
610 |
5,870 |
+1 |
-80 |
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 8.15