Today, April 20, Turkish domesticrebarspot prices have mostly increased by TRY 100-300/mt ($5-17/mt), except in the Marmara region where just minor changes have been seen in prices in the local currency and on US dollar basis in order to allow local spotrebarprices to come into line with those in the rest of the country, while overall inTurkeythere is relatively positive sentiment on the demand side. Accordingly, 12 mmrebarspot prices inTurkeyhave settled at TRY 14,700-15,100/mt or $849-872/mt ex-warehouse, depending on the region.
The producers’ officialrebarprice range varies at $900-940/mt ex-works in the Marmara and Izmir regions, including prices from Icdas A.S.
As of today,rebaroffers in the Turkish spot market are as follows:
Region |
Dimension |
Price ($/mt) |
Price (TRY/mt) |
Price changes ($/mt) |
Price changes (TRY/mt) |
15.04.2022 |
15.04.2022 |
||||
Marmara |
8 mm |
884 |
15,300 |
-7 |
-100 |
Marmara |
12 mm |
872 |
15,100 |
-7 |
-100 |
Iskenderun |
8 mm |
861 |
14,900 |
+16 |
+300 |
Iskenderun |
10 mm |
855 |
14,800 |
+16 |
+300 |
Iskenderun |
12 mm |
849 |
14,700 |
+16 |
+300 |
Izmir |
8 mm |
867 |
15,000 |
+5 |
+100 |
Izmir |
10 mm |
861 |
14,900 |
+5 |
+100 |
Izmir |
12 mm |
855 |
14,800 |
+5 |
+100 |
Karabuk |
8 mm |
867 |
15,000 |
+17 |
+300 |
Karabuk |
12 mm |
855 |
14,800 |
+16 |
+300 |
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 14.67