Today, March 15, Turkish domestic rebar spot prices have fallen by TRY 200-500/mt ($2-20/mt) amid weaker demand in the country, while Turkish mills’ rebar prices have remained firm on US dollar basis. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 15,500-15,900/mt or $897-920/mt ex-warehouse, depending on the region.
Most mills in the Izmir and Marmara regions are currently offering at $950-960/mt ex-works amid the positive sentiment in the raw material segment.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
14.03.2022 |
14.03.2022 |
||||
|
Marmara |
8 mm |
932 |
16,100 |
-11 |
-350 |
|
Marmara |
12 mm |
920 |
15,900 |
-12 |
-350 |
|
Iskenderun |
8 mm |
909 |
15,700 |
-8 |
-300 |
|
Iskenderun |
10 mm |
903 |
15,600 |
-9 |
-300 |
|
Iskenderun |
12 mm |
897 |
15,500 |
-9 |
-300 |
|
Izmir |
8 mm |
926 |
16,000 |
-3 |
-200 |
|
Izmir |
10 mm |
920 |
15,900 |
-3 |
-200 |
|
Izmir |
12 mm |
915 |
15,800 |
-2 |
-200 |
|
Karabuk |
8 mm |
909 |
15,700 |
-20 |
-500 |
|
Karabuk |
12 mm |
897 |
15,500 |
-20 |
-500 |
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 14.64