Due to the Turkish lira starting the current week on a downward trend against the US dollar, price inquiries in the local Turkish rebar market have declined, while trading activity in the market has slowed down. Meanwhile, buyers are only concluding rebar purchases in line with their needs and demand is still weak.
As of today, September 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) | ||
22.09.2016 | 22.09.2016 | ||||||
Marmara | 8 mm | 1,153 | 385 | ↓ | 16 | ↓ | 11 |
Marmara | 12 mm | 1,136 | 380 | ↓ | 17 | ↓ | 11 |
Iskenderun | 8 mm | 1,144 | 383 | ↓ | 9 | ↓ | 8 |
Iskenderun | 10 mm | 1,136 | 380 | ↓ | 8 | ↓ | 8 |
Iskenderun | 12 mm | 1,127 | 377 | ↓ | 9 | ↓ | 8 |
Izmir | 8 mm | 1,127 | 377 | ↓ | 17 | ↓ | 11 |
Izmir | 10 mm | 1,119 | 374 | ↓ | 17 | ↓ | 11 |
Izmir | 12 mm | 1,11 | 371 | ↓ | 17 | ↓ | 11 |
Karabuk | 8 mm | 1,153 | 385 | ↓ | 16 | ↓ | 11 |
Karabuk | 12 mm | 1,136 | 380 | ↓ | 17 | ↓ | 11 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.99