Turkish spot rebar prices increase slightly

Monday, 14 October 2019 16:02:58 (GMT+3)   |   Istanbul
       

Domestic rebar prices in Turkey have increased slightly further today, October 14, due to the depreciation of the Turkish lira against the US dollar.

Today, Turkish mill Icdas has increased its 12-32 mm rebar prices further by TRY 51/mt ($3/mt) to TRY 2,492/mt ($421/mt) ex-works, while Izmir Demir Celik has also raised its price 12-32 mm rebar prices by TRY 17/mt ($3/mt) to TRY 2,458/mt ($415/mt) ex-works, both excluding VAT. Izmır Demir celik closed its rebar sales in the afternoon.

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price changes (TRY/mt)

Price changes ($/mt)

11.10.2019

11.10.2019

Marmara

8 mm

2,458

415

+17

-3

Marmara

12 mm

2,441

412

+17

-3

Iskenderun

8 mm

2,525

427

+25

-1

Iskenderun

10 mm

2,513

424

+26

-2

Iskenderun

12 mm

2,500

422

+25

-2

Izmir

8 mm

2,458

415

+34

0

Izmir

10 mm

2,449

414

+34

0

Izmir

12 mm

2,441

412

+34

0

Karabuk

8 mm

2,441

412

+26

-2

Karabuk

12 mm

2,424

409

+26

-2

 

All prices are ex-warehouse and on actual weight basis and exclude 18 percent VAT. 

$1 = 5.92 TRY


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