Buyers still in wait-and-see mode in local Turkish rebar market

Monday, 07 December 2015 17:11:17 (GMT+3)   |   Istanbul
According to market sources, rebar prices in the local Turkish spot market have decreased by TRY 30/mt in the Marmara region compared to December 3, while they have remained stable in other regions over the period in question. On the other hand, prices on US dollar basis have fallen by $10/mt in the Marmara region due to the fluctuation of the exchange rate in the same period. Market players state that spot prices have generally decreased in the Marmara region after domestic producer Icdas reduced its prices. Meanwhile, buyers are still hesitating to conclude deals due to the approach of the New Year and are postponing their bookings, maintaining a wait-and-see stance.
 
As of today, December 7, traders’ rebar offers in the Turkish domestic market are as follows: 
 
Region Dimension Price (TRY/mt) Price ($/mt) Price changes (TRY/mt)
03.12.2015
Marmara 8 mm 1,017 352 ↓ 30
Marmara 12 mm 1,000 346 ↓ 30
Iskenderun 8 mm 966 334   0
Iskenderun 10 mm 958 331   0
Iskenderun 12 mm 949 328   0
Izmir 8 mm 996 345   0
Izmir 10 mm 983 340   0
Izmir 12 mm 975 337   0
Karabuk 8 mm 1,000 346   0
Karabuk 8 mm 983 340   0
 
                            
All prices are ex-warehouse and on actual weight basis and exclude VAT.
 
$1 = TRY 2.91 

Marketplace Offers

Deformed Bar

Diameter 8 - 40 mm
 
Tedarikçi CONARES METAL SUPPLY
View Offer

Deformed Bar

Diameter 6 - 32 mm
  ES ISO 6935-2 2019 B500BWR , ASTM A615 GR 60
Tedarikçi YOTTA TRADING
View Offer

Deformed Bar

Diameter 8 - 32 mm
 
Tedarikçi SHATTAF STEEL IND. CO. LLC.
View Offer

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