According to market sources, demand in the local Turkish rebar spot market has declined further since December 28, while Turkish suppliers' have tried to increase their rebar prices at the beginning of the current week. However, price increases are not expected to be sustained in the long term due to the weak demand conditions.
As of today, February 1, 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) | ||
| 28.01.2016 | 28.01.2016 | ||||||
| Marmara | 8 mm | 1,000 | 338 | ↑ | 4 | ↑ | 4 |
| Marmara | 12 mm | 983 | 332 | ↑ | 4 | ↑ | 4 |
| Iskenderun | 8 mm | 949 | 321 | ↑ | 8 | ↑ | 5 |
| Iskenderun | 10 mm | 941 | 318 | ↑ | 9 | ↑ | 5 |
| Iskenderun | 12 mm | 932 | 315 | ↑ | 8 | ↑ | 5 |
| Izmir | 8 mm | 983 | 332 | ↑ | 13 | ↑ | 6 |
| Izmir | 10 mm | 970 | 328 | ↑ | 12 | ↑ | 7 |
| Izmir | 12 mm | 962 | 325 | ↑ | 13 | ↑ | 6 |
| Karabuk | 8 mm | 966 | 326 | ↑ | 4 | ↑ | 3 |
| Karabuk | 12 mm | 949 | 321 | ↑ | 4 | ↑ | 4 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.96