Today, November 22, Turkish domestic rebar spot prices have increased by TRY 100-130/mt since the end of last week, with minor changes on US dollar basis, against the backdrop of the currency fluctuations. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 9,680-9,850/mt or $729-741/mt ex-warehouse, depending on the region.
The general official rebar price range in Turkey still varies at $745-750/mt ex-works, stable over the same period.
In the Iskenderun region, one re-roller has opened its rebar sales today at TRY 9,800/mt, equal to $738/mt ex-warehouse at the current exchange rate.
In the Karabuk region, Yolbulan A.S. has opened its rebar sales at TRY 9,850/mt ($741/mt) ex-works today.
As of today, rebar offers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
19.11.2021 |
19.11.2021 |
||||
Marmara |
8 mm |
743 |
9,870 |
-2 |
+100 |
Marmara |
12 mm |
741 |
9,850 |
-3 |
+100 |
Iskenderun |
8 mm |
731 |
9,710 |
0 |
+130 |
Iskenderun |
10 mm |
730 |
9,695 |
0 |
+130 |
Iskenderun |
12 mm |
729 |
9,680 |
+1 |
+130 |
Izmir |
8 mm |
739 |
9,820 |
-2 |
+100 |
Izmir |
10 mm |
738 |
9,810 |
-3 |
+100 |
Izmir |
12 mm |
738 |
9,800 |
-2 |
+100 |
Karabuk |
8 mm |
739 |
9,820 |
-2 |
+100 |
Karabuk |
12 mm |
738 |
9,800 |
-2 |
+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 11.26