Local Turkish rebar market makes quiet start to current week

Monday, 17 July 2017 17:02:06 (GMT+3)   |   Istanbul
       

Having closed last week with a decrease, domestic rebar prices in Turkey have continued to move down today, July 17, declining by TRY 15-40/mt compared to the price levels recorded on July 13. As buyers are still concluding rebar purchases only in line with their needs, trading activity in the local Turkish rebar market has remained at low levels.

As of today, July 17, 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)

13.07.2017

13.07.2017

Marmara

8 mm

1,763

498

17

1

Marmara

12 mm

1,746

493

17

1

Iskenderun

8 mm

1,754

496

17

 

0

Iskenderun

10 mm

1,746

493

17

1

Iskenderun

12 mm

1,737

491

17

 

0

Izmir

8 mm

1,733

490

13

1

Izmir

10 mm

1,725

487

12

 

0

Izmir

12 mm

1,716

485

13

1

Karabuk

8 mm

1,754

496

34

5

Karabuk

12 mm

1,737

491

34

5

All prices are ex-warehouse and on actual weight basis and exclude VAT.

$1 = TRY 3.54


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