Today, September 15, Turkish domestic rebar spot prices have decreased by TRY 10-20/mt ($1-3/mt) over the day. Accordingly, 12 mm rebar prices in the overall local Turkish spot market have settled at TRY 4,000-4,040/mt ($453-457/mt) ex-warehouse, depending on the region.
Icdas has maintained its rebar price at TRY 4,100/mt ($464/mt) ex-works, over the day. Moreover, most mills in Izmir and Marmara regions also kept their rebar at TRY 4,066-4,100/mt ($460-464/mt) ex-works. The mills in other regions are also offering similar prices for now, SteelOrbis heard. No fresh sale has been heard yet.
As of today, rebar offers in the Turkish spot market are as follows:
|
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
|
14.09.2020 |
14.09.2020 |
||||
|
Marmara |
8 mm |
458 |
4,050 |
-3 |
-20 |
|
Marmara |
12 mm |
456 |
4,030 |
-2 |
-20 |
|
Iskenderun |
8 mm |
461 |
4,070 |
-1 |
-10 |
|
Iskenderun |
10 mm |
459 |
4,055 |
-1 |
-10 |
|
Iskenderun |
12 mm |
457 |
4,040 |
-1 |
-10 |
|
Izmir |
8 mm |
455 |
4,020 |
-2 |
-20 |
|
Izmir |
10 mm |
454 |
4,010 |
-2 |
-20 |
|
Izmir |
12 mm |
453 |
4,000 |
-2 |
-20 |
|
Karabuk |
8 mm |
457 |
4,040 |
-2 |
-20 |
|
Karabuk |
12 mm |
455 |
4,020 |
-2 |
-20 |
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 7.49