Domestic rebar prices in Turkey have started the current week on an upward trend due to the Turkish lira losing strength against the US dollar, while demand in the local Turkish rebar market has remained weak since August 18. Market sources state that with buyers still concluding new deals only in line with their needs, transaction activity in the local Turkish rebar market remains slow.
As of today, August 22, 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) | ||
| 18.08.2016 | 18.08.2016 | ||||||
| Marmara | 8 mm | 1,195 | 406 | ↑ | 17 | ↑ | 5 |
| Marmara | 12 mm | 1,178 | 401 | ↑ | 17 | ↑ | 6 |
| Iskenderun | 8 mm | 1,161 | 395 | ↑ | 8 | ↑ | 3 |
| Iskenderun | 10 mm | 1,153 | 392 | ↑ | 9 | ↑ | 3 |
| Iskenderun | 12 mm | 1,144 | 389 | ↑ | 8 | ↑ | 3 |
| Izmir | 8 mm | 1,161 | 395 | ↑ | 8 | ↑ | 3 |
| Izmir | 10 mm | 1,153 | 392 | ↑ | 9 | ↑ | 3 |
| Izmir | 12 mm | 1,144 | 389 | ↑ | 8 | ↑ | 3 |
| Karabuk | 8 mm | 1,186 | 404 | ↑ | 17 | ↑ | 6 |
| Karabuk | 12 mm | 1,169 | 398 | ↑ | 16 | ↑ | 6 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.94