Prices decrease in local Turkish rebar market

Thursday, 22 September 2016 17:45:49 (GMT+3)   |   Istanbul
       

Trading activity is still weak in the local Turkish rebar market, while traders in the Marmara and Izmir regions have revised their rebar prices downwards due to the downtrend of scrap prices and the slackness of demand.
  
 
As of today, September 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)
19.09.2016 19.09.2016
Marmara 8 mm 1,169 396 9 1
Marmara 12 mm 1,153 391 8   0
Iskenderun 8 mm 1,153 391   0 3
Iskenderun 10 mm 1,144 388   0 3
Iskenderun 12 mm 1,136 385   0 3
Izmir 8 mm 1,144 388 9   0
Izmir 10 mm 1,136 385 8   0
Izmir 12 mm 1,127 382 9   0
Karabuk 8 mm 1,169 396   0 2
Karabuk 12 mm 1,153 391   0 2
                                            
All prices are ex-warehouse and on actual weight basis and exclude VAT.
 
$1 = TRY 2.95


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