Turkish domestic rebar spot prices increase in lira basis

Monday, 22 November 2021 17:31:41 (GMT+3)   |   Istanbul
       

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


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