Demand at very low levels in local Turkish rebar market

Thursday, 01 October 2015 15:43:01 (GMT+3)   |   Istanbul
       

According to market sources, rebar prices in the local Turkish spot market have decreased by TRY 10-105/mt, as compared to September 28, though prices on US dollar basis have decreased by $2/mt on the upper end due to the fluctuation of the exchange rate. Meanwhile, demand in the market has been at very low levels.
 
As of today, October 1, traders’ rebar offers in the Turkish domestic market are as follows:
 
Region Dimension Price (TRY/mt) Price ($/mt) Price changes (TRY/mt)
28.09.2015
Marmara 8 mm 1,114 368 - 15
Marmara 12 mm 1,097 362 - 15
Iskenderun 8 mm 1,072 354 - 20
Iskenderun 10 mm 1,064 351 - 20
Iskenderun 12 mm 1,055 348 - 20
Izmir 8 mm 1,102 364 - 105
Izmir 10 mm 1,089 359 - 105
Izmir 12 mm 1,081 357 - 105
Karabuk 8 mm 1,119 369 -      10
Karabuk 8 mm 1,102 364 - 10
 
 

All prices are ex-warehouse and on actual weight basis and exclude VAT.
 
$1 = TRY 3.03 


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