Turkish domestic rebar spot prices increase slightly

Tuesday, 20 April 2021 17:28:43 (GMT+3)   |   Istanbul
       

Today, April 20, local rebar spot prices in Turkey have increased by TRY 20-50/mt, with minor changes on US dollar basis, following Icdas’s increase of its local rebar price yesterday. Accordingly, 12 mm rebar spot prices in Turkey are now at TRY 5,880-5,970/mt or $614-623/mt ex-warehouse, depending on the region.

Most mills in the Marmara and Izmir regions are currently offering rebar at $630-635/mt ex-works at the current exchange rate.

In the Samsun region, Yesilyurt A.S. has increased its rebar price in the local currency by TRY 30/mt to TRY 6,080/mt ($635/mt) ex-works, with its dollar prices stable.

Most rebar buyers are purchasing only in line with their daily needs.

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)

19.04.2021

19.04.2021

Marmara

8 mm

625

5990

-1

+20

Marmara

12 mm

623

5,970

-1

+20

Iskenderun

8 mm

617

5,910

0

+30

Iskenderun

10 mm

615

5,895

0

+30

Iskenderun

12 mm

614

5,880

0

+30

Izmir

8 mm

621

5,950

0

+30

Izmir

10 mm

620

5,940

0

+30

Izmir

12 mm

619

5,930

0

+30

Karabuk

8 mm

618

5,920

+2

+50

Karabuk

12 mm

616

5,900

+2

+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 8.12


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