Domestic rebar prices in Turkey have continued to move down since June 20, while demand in the market has remained sluggish in the same period. Market sources state that transaction activity has slowed down significantly ahead of the end-of Ramadan holiday (July 4-7), while demand is expected to increase slightly after the holiday.
As of today, June 23, 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) | ||
| 20.06.2016 | 20.06.2016 | ||||||
| Marmara | 8 mm | 1,178 | 410 | ↓ | 17 | ↓ | 2 |
| Marmara | 12 mm | 1,161 | 405 | ↓ | 17 | ↓ | 1 |
| Iskenderun | 8 mm | 1,110 | 387 | ↓ | 9 | ↓ | -1 |
| Iskenderun | 10 mm | 1,102 | 384 | ↓ | 8 | ↓ | -1 |
| Iskenderun | 12 mm | 1,093 | 381 | ↓ | 9 | ↓ | -1 |
| Izmir | 8 mm | 1,144 | 399 | ↓ | 25 | ↓ | 4 |
| Izmir | 10 mm | 1,136 | 396 | ↓ | 25 | ↓ | 4 |
| Izmir | 12 mm | 1,127 | 393 | ↓ | 26 | ↓ | 4 |
| Karabuk | 8 mm | 1,153 | 402 | ↓ | 25 | ↓ | 4 |
| Karabuk | 12 mm | 1,136 | 396 | ↓ | 25 | ↓ | 4 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.87