Turkish rebar market

Wednesday, 25 August 2004 09:27:00 (GMT+3)   |  
       

Turkish rebar market

Price levels for reinforcing bar sales in the Turkish local market are as per the following. A drop of around TL 20-30'000/kg ($15-20/mt) is seen in the Marmara region prices over last week's levels. It is also reported that the actual transactions in the market are effected at slightly lower levels than the list prices. Prices in the Payas region maintain their levels.

Marmara Region:
Small dia.:   TL 780'000-800'000/kg (approx. $435-447/mt+VAT)
Large dia.:   TL 760'000-790'000/kg (approx. $425-442/mt+VAT)

Payas Region:
Small Dia.:   TL 800'000/kg (approx. $447/mt+VAT)
Large Dia:    TL 790'000/kg (approx. $442/mt+VAT)
All TL prices are including 18% VAT. USD equivalents are excluding VAT. 1 USD = TL 1'516'160.-

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