Today, September 30, Turkish domestic rebar spot prices have increased by TRY 30-50/mt, with minor changes on US dollar basis amid exchange rate fluctuations. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 7,000-7,050/mt or $667-672/mt ex-warehouse, depending on the region.
Most mills in the Izmir and Marmara regions have kept their official dollar-based rebar prices at $670/mt ex-works. Additional discounts are applicable for serious buyers.
In the Karabuk region, Yolbulan A.S. has opened its rebar price at TRY 7,050/mt ($672/mt) ex-works today.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
29.09.2021 |
29.09.2021 |
||||
Marmara |
8 mm |
674 |
7,070 |
+4 |
+50 |
Marmara |
12 mm |
672 |
7,050 |
+4 |
+50 |
Iskenderun |
8 mm |
670 |
7,030 |
+2 |
+30 |
Iskenderun |
10 mm |
669 |
7,015 |
+2 |
+30 |
Iskenderun |
12 mm |
667 |
7,000 |
+1 |
+30 |
Izmir |
8 mm |
674 |
7,070 |
+7 |
+50 |
Izmir |
10 mm |
673 |
7,060 |
+7 |
+50 |
Izmir |
12 mm |
672 |
7,050 |
+6 |
+50 |
Karabuk |
8 mm |
672 |
7,050 |
+7 |
+50 |
Karabuk |
12 mm |
670 |
7,030 |
+7 |
+50 |
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 8.89