Today, August 4, Turkish domestic rebar spot prices have increased by another TRY 100-200/mt ($4-10/mt) against the backdrop of rapid currency fluctuations and firm import scrap prices. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 13,200-13,700/mt or $623-646/mt ex-warehouse, depending on the region.
Most mills in the Marmara region have kept their official rebar prices stable at $620-640/mt ex-works, including Icdas A.S. Special discounts are only applicable for serious buyers.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
3.08.2022 |
3.08.2022 |
||||
|
Marmara |
8 mm |
641 |
13,600 |
+4 |
+100 |
|
Marmara |
12 mm |
632 |
13,400 |
+5 |
+100 |
|
Iskenderun |
8 mm |
656 |
13,900 |
+10 |
+200 |
|
Iskenderun |
10 mm |
651 |
13,800 |
+10 |
+200 |
|
Iskenderun |
12 mm |
646 |
13,700 |
+9 |
+200 |
|
Izmir |
8 mm |
632 |
13,400 |
+9 |
+200 |
|
Izmir |
10 mm |
627 |
13,300 |
+9 |
+200 |
|
Izmir |
12 mm |
623 |
13,200 |
+10 |
+200 |
|
Karabuk |
8 mm |
637 |
13,500 |
+5 |
+100 |
|
Karabuk |
12 mm |
627 |
13,300 |
+4 |
+100 |
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 17.97