Demand in the local Turkish rebar market has continued to be characterized by slackness during this week, while buyers are still postponing their rebar bookings as they believe that prices have not hit the bottom yet.
As of today, May 26, traders’ rebar offers in the Turkish domestic market are as follows:
| Region | Dimension | Price (TRY/mt) | Price ($/mt) | Price changes (TRY/mt) | Price changes ($/mt) | ||
| 23.05.2016 | 23.05.2016 | ||||||
| Marmara | 8 mm | 1,288 | 440 | ↓ | 34 | ↓ | 9 |
| Marmara | 12 mm | 1,271 | 434 | ↓ | 34 | ↓ | 9 |
| Iskenderun | 8 mm | 1,203 | 411 | ↓ | 25 | ↓ | 7 |
| Iskenderun | 10 mm | 1,195 | 408 | ↓ | 26 | ↓ | 7 |
| Iskenderun | 12 mm | 1,186 | 405 | ↓ | 25 | ↓ | 7 |
| Izmir | 8 mm | 1,229 | 419 | ↓ | 9 | ↓ | 19 |
| Izmir | 10 mm | 1,220 | 416 | ↓ | 8 | ↓ | 19 |
| Izmir | 12 mm | 1,212 | 414 | ↓ | 9 | ↓ | 19 |
| Karabuk | 8 mm | 1,246 | 425 | ↓ | 25 | ↓ | 4 |
| Karabuk | 12 mm | 1,229 | 419 | ↓ | 25 | ↓ | 4 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.93