On the first day of the current week, demand in the local Turkish rebar market has remained at low levels, while rebar prices in the domestic market have declined further compared to the end of last week. Turkish buyers are still postponing their purchases except to meet their immediate needs due to the expectations in the local Turkish market for a further decline in domestic rebar prices.
As of today, May 16, 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) | ||
| 12.05.2016 | 12.05.2016 | ||||||
| Marmara | 8 mm | 1,373 | 464 | ↓ | 42 | ↓ | 14 |
| Marmara | 12 mm | 1,356 | 458 | ↓ | 42 | ↓ | 14 |
| Iskenderun | 8 mm | 1,271 | 429 | ↓ | 43 | ↓ | 15 |
| Iskenderun | 10 mm | 1,263 | 427 | ↓ | 42 | ↓ | 14 |
| Iskenderun | 12 mm | 1,254 | 424 | ↓ | 43 | ↓ | 14 |
| Izmir | 8 mm | 1,314 | 444 | ↓ | 67 | ↓ | 23 |
| Izmir | 10 mm | 1,305 | 441 | ↓ | 68 | ↓ | 23 |
| Izmir | 12 mm | 1,297 | 438 | ↓ | 67 | ↓ | 23 |
| Karabuk | 8 mm | 1,305 | 441 | ↓ | 51 | ↓ | 17 |
| Karabuk | 12 mm | 1,288 | 435 | ↓ | 51 | ↓ | 17 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.96