Today, June 9, Turkish domestic rebar spot prices have increased by TRY 20-50/mt ($5-8/mt) except in the Iskenderun region where rebar spot prices are stable on Turkish lira basis but up by $3-4/mt on US dollar basis since Monday, June 4. Accordingly, 12 mm rebar spot prices in Turkey are now at TRY 7,050-7,150/mt or $696-705/mt ex-warehouse, depending on the region.
Icdas has raised its rebar price by $10/mt to $710/mt (TRY 7,210/mt) ex-works today. Other mills in the Marmara region have opened their official rebar sales at $720/mt ex-works.
In the Izmir region, Izmir Demir Celik (IDC) is currently offering rebar at $710/mt ex-works at the current exchange rate. One Izmir-based mill has closed its rebar sales at $700/mt ex-works after selling around 5,000-10,000 mt at TRY 7,080-7,100/mt ($698-700/mt) ex-works earlier today.
In the Iskenderun region, Bastug Metallurgy and one re-roller in this region have opened their rebar sales at TRY 7,200/mt ($710/mt) ex-works/ex-warehouse today.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
7.06.2021 |
7.06.2021 |
||||
|
Marmara |
8 mm |
707 |
7,170 |
+8 |
+50 |
|
Marmara |
12 mm |
705 |
7,150 |
+8 |
+50 |
|
Iskenderun |
8 mm |
698 |
7,080 |
+3 |
0 |
|
Iskenderun |
10 mm |
697 |
7,065 |
+3 |
0 |
|
Iskenderun |
12 mm |
696 |
7,050 |
+4 |
0 |
|
Izmir |
8 mm |
704 |
7,140 |
+7 |
+40 |
|
Izmir |
10 mm |
703 |
7,130 |
+7 |
+40 |
|
Izmir |
12 mm |
702 |
7,120 |
+7 |
+40 |
|
Karabuk |
8 mm |
702 |
7,120 |
+5 |
+20 |
|
Karabuk |
12 mm |
700 |
7,100 |
+5 |
+20 |
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 8.59