Turkish domestic rebar spot prices stable as week ends

Friday, 09 April 2021 17:14:45 (GMT+3)   |   Istanbul
       

Today, April 9, rebar spot prices in Turkey have remained unchanged in the local currency with just minor changes in prices on US dollar basis. Accordingly, 12 mm rebar spot prices in Turkey are stable at TRY 5,900-5,970/mt or $612-619/mt ex-warehouse, depending on the region.

Most mills in the Marmara region are currently offering rebar at $620-635/mt ex-works, stable today.

In the Iskenderun region, Bastug Metallurgy has closed its rebar sales today. Koc Metallurgy has opened its rebar sales at TRY 6,000/mt ($622/mt) ex-works, while another mill in this region has also opened its rebar sales at the same price. Moreover, one re-roller in this region has opened its rebar sales at TRY 5,970/mt ($619/mt) ex-warehouse.

In the Samsun region, Yesilyurt A.S. has opened its rebar sales today at TRY 6,050/mt ($628/mt) ex-works.

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)

8.04.2021

8.04.2021

Marmara

8 mm

621

5,990

-2

0

Marmara

12 mm

619

5,970

-2

0

Iskenderun

8 mm

615

5,930

-2

0

Iskenderun

10 mm

614

5,915

-1

0

Iskenderun

12 mm

612

5,900

-1

0

Izmir

8 mm

619

5,970

-2

0

Izmir

10 mm

618

5,960

-2

0

Izmir

12 mm

617

5,950

-2

0

Karabuk

8 mm

617

5,950

-2

0

Karabuk

12 mm

615

5,930

-2

0

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 8.17


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