Demand in the local Turkish rebar market has continued to be characterized by slackness during this week, while domestic rebar prices have continued to move down in the same period. Meanwhile, buyers' rebar purchases are seen to be very limited amid the approach of Ramadan which begins on June 6.
As of today, May 30, 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) | ||
| 26.05.2016 | 26.05.2016 | ||||||
| Marmara | 8 mm | 1,280 | 434 | ↓ | 8 | ↓ | 6 |
| Marmara | 12 mm | 1,263 | 428 | ↓ | 8 | ↓ | 6 |
| Iskenderun | 8 mm | 1,161 | 394 | ↓ | 42 | ↓ | 17 |
| Iskenderun | 10 mm | 1,153 | 391 | ↓ | 42 | ↓ | 17 |
| Iskenderun | 12 mm | 1,144 | 388 | ↓ | 42 | ↓ | 17 |
| Izmir | 8 mm | 1,203 | 408 | ↓ | 26 | ↓ | 11 |
| Izmir | 10 mm | 1,195 | 405 | ↓ | 25 | ↓ | 11 |
| Izmir | 12 mm | 1,186 | 402 | ↓ | 26 | ↓ | 12 |
| Karabuk | 8 mm | 1,203 | 408 | ↓ | 43 | ↓ | 17 |
| Karabuk | 12 mm | 1,186 | 402 | ↓ | 43 | ↓ | 17 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.95