Today, April 12, Turkish domestic rebar spot prices have decreased by another TRY 200/mt ($11/mt) over the day, amid the currency fluctuations and sluggish demand. Accordingly, 12 mm rebar spot prices in Turkey have settled at TRY 15,600-16,000/mt or $902-925/mt ex-warehouse, depending on the region.
Icdas A.S. has kept its rebar price stable at $965/mt ex-works today. Most Marmara and Izmir-based mill are offering rebar at $960-965/mt ex-works, special discounts are applicable for serious buyers. Turkish rebar market is silent on the demand side due to the Ramadan period.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
11.04.2022 |
11.04.2022 |
||||
|
Marmara |
8 mm |
936 |
16,200 |
-11 |
-200 |
|
Marmara |
12 mm |
925 |
16,000 |
-11 |
-200 |
|
Iskenderun |
8 mm |
913 |
15,800 |
-11 |
-200 |
|
Iskenderun |
10 mm |
908 |
15,700 |
-11 |
-200 |
|
Iskenderun |
12 mm |
902 |
15,600 |
-11 |
-200 |
|
Izmir |
8 mm |
925 |
16,000 |
-11 |
-200 |
|
Izmir |
10 mm |
919 |
15,900 |
-11 |
-200 |
|
Izmir |
12 mm |
913 |
15,800 |
-11 |
-200 |
|
Karabuk |
8 mm |
913 |
15,800 |
-11 |
-200 |
|
Karabuk |
12 mm |
902 |
15,600 |
-11 |
-200 |
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 14.66