Today, June 17, Turkish domestic rebar spot prices have risen by TRY 20-50/mt, while falling by $6-9/mt on US dollar basis, amid currency fluctuations and silence on the demand side. Accordingly, 12 mm rebar spot prices in Turkey are now at TRY 7,230-7,350/mt or $706-718/mt ex-warehouse, depending on the region.
Icdas has kept its rebar price at $730/mt ex-works at the current exchange rate. One Marmara-based mill has stopped quoting today as it will start its maintenance works next week. In addition, most suppliers in this region are offering rebar at $740-750/mt ex-works today.
Most suppliers in the Izmir region are still offering rebar at $720-730/mt ex-works today.
In the Karabuk region, Yolbulan A.S. has increased its rebar price by TRY 50/mt to TRY 7,350/mt, equal to $718/mt ex-works at the current exchange rate.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
16.06.2021 |
16.06.2021 |
||||
|
Marmara |
8 mm |
720 |
7,370 |
-6 |
+50 |
|
Marmara |
12 mm |
718 |
7,350 |
-6 |
+50 |
|
Iskenderun |
8 mm |
709 |
7,260 |
-8 |
+30 |
|
Iskenderun |
10 mm |
707 |
7,245 |
-8 |
+30 |
|
Iskenderun |
12 mm |
706 |
7,230 |
-8 |
+30 |
|
Izmir |
8 mm |
710 |
7,270 |
-9 |
+20 |
|
Izmir |
10 mm |
709 |
7,260 |
-9 |
+20 |
|
Izmir |
12 mm |
708 |
7,250 |
-9 |
+20 |
|
Karabuk |
8 mm |
708 |
7,250 |
-8 |
+30 |
|
Karabuk |
12 mm |
706 |
7,230 |
-8 |
+30 |
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 8.68