Traders in the Turkish domestic rebar market have revised their prices upward amid tight availability particularly in the Iskenderun and Izmir regions and the increased strength of the US dollar against the Turkish lira.
As of today, March 20, traders' rebar offers in the Turkish domestic market are as follows:
Region | Dimension | Price (TRY/mt) | Price ($/mt) | Price changes (TRY/mt) 17.03.2014 |
Marmara | 8 mm | 1,530 | 581 | +10 |
Marmara | 12 mm | 1,510 | 574 | +10 |
Iskenderun | 8 mm | 1,520 | 578 | +20 |
Iskenderun | 10 mm | 1,510 | 574 | +20 |
Iskenderun | 12 mm | 1,500 | 570 | +20 |
Izmir | 8 mm | 1,515 | 576 | +15 |
Izmir | 10 mm | 1,500 | 570 | +15 |
Izmir | 12 mm | 1,490 | 566 | +15 |
Karabuk | 8 mm | 1,505 | 572 | +10 |
Karabuk | 12 mm | 1,485 | 564 | +10 |
All prices are ex-warehouse and on actual weight basis. The TRY prices include 18 percent VAT, while the US$ prices exclude VAT.
$1 = TRY 2.23