Today, March 30, rebar spot prices in Turkey have increased by TRY 130-180/mt ($7-13/mt), taking into account persisting currency fluctuations. The exchange rate has even a level of above $1 = TRY 8.35 during the day. Accordingly, 12 mm rebar spot prices in Turkey are now at TRY 5,950-6,000/mt or $609-614/mt ex-warehouse, depending on the region.
Icdas has kept its rebar price at $620/mt ex-works at the current exchange rate, stable on US dollar basis. One Marmara-based mill is also offering its rebar price at $630/mt ex-works.
According to sources, around 10,000 mt of rebar were traded in the Izmir region at TRY 5,770/mt or $600/mt ex-works when the exchange rate was at $1 = TRY 8. 15 yesterday.
In the Iskenderun region, one re-roller has opened its rebar sales at $615/mt ex-warehouse at the current exchange rate. Moreover, Bastug Metallurgy has opened its rebar price at TRY 6,080/mt ($622/mt) ex-works, today.
In the Samsun region, Yesilyurt A.S. has kept its rebar sales at $620/mt ex-works at the current exchange rate.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
29.03.2021 |
29.03.2021 |
||||
|
Marmara |
8 mm |
616 |
6,020 |
+9 |
+150 |
|
Marmara |
12 mm |
614 |
6,000 |
+9 |
+150 |
|
Iskenderun |
8 mm |
612 |
5,980 |
+13 |
+180 |
|
Iskenderun |
10 mm |
611 |
5,965 |
+13 |
+180 |
|
Iskenderun |
12 mm |
609 |
5,950 |
+13 |
+180 |
|
Izmir |
8 mm |
611 |
5,970 |
+7 |
+130 |
|
Izmir |
10 mm |
610 |
5,960 |
+7 |
+130 |
|
Izmir |
12 mm |
609 |
5,950 |
+8 |
+130 |
|
Karabuk |
8 mm |
611 |
5,970 |
+13 |
+180 |
|
Karabuk |
12 mm |
609 |
5,950 |
+13 |
+180 |
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 8.28