Turkish domestic rebar spot prices increase further in liras

Thursday, 30 September 2021 17:04:26 (GMT+3)   |   Istanbul
       

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


Tags: Rebar Longs Turkey Europe 

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