Turkish domestic rebar spot prices rise slightly except in Karabuk region

Monday, 07 October 2019 17:37:24 (GMT+3)   |   Istanbul
       

Although local Turkish rebar demand is still at low levels, domestic rebar prices in Turkey have increased slightly today, October 7, due to depreciation of the Turkish lira against the US dollar. Meanwhile, today, Turkish mill Icdas has increased by TRY 34/mt its 12-32 mm rebar prices to TRY 2,373 ($414/mt) ex-works, while Izmir Demir Celik has kept its price 12-32 mm rebar prices at TRY 2,339/mt ($408/mt)  ex-works both excluding VAT.

As of today, rebar offers in the Turkish spot market are as follows: 

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

03.10.2019

03.10.2019

Marmara

8 mm

2,347

410

+8

-2

Marmara

12 mm

2,331

407

+9

-2

Iskenderun

8 mm

2,398

419

+17

0

Iskenderun

10 mm

2,386

416

+17

-1

Iskenderun

12 mm

2,373

414

+17

-1

Izmir

8 mm

2,347

410

+16

0

Izmir

10 mm

2,339

408

+17

-1

Izmir

12 mm

2,331

407

+17

0

Karabuk

8 mm

2,356

411

0

-4

Karabuk

12 mm

2,339

408

0

-4

All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT. 

$1 = 5.73 TRY

 


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