Buyers in the local Turkish rebar market are still only concluding purchases in line with their needs due to Ramadan, while since the end of last week demand in the market has continued to be sluggish. Market sources state that the traditional summer offseason for business has begun with the sharp increases seen in temperatures, while they also state that the current situation is normal and that they are not expecting any improvement in demand in the local Turkish rebar market before the end of Ramadan.
As of today, June 20, 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) | ||
16.06.2016 | 16.06.2016 | ||||||
Marmara | 8 mm | 1,195 | 412 | ↓ | 17 | ↓ | 2 |
Marmara | 12 mm | 1,178 | 406 | ↓ | 17 | ↓ | 2 |
Iskenderun | 8 mm | 1,119 | 386 | ↓ | 50 | ↓ | 13 |
Iskenderun | 10 mm | 1,11 | 383 | ↓ | 51 | ↓ | 13 |
Iskenderun | 12 mm | 1,102 | 380 | ↓ | 51 | ↓ | 13 |
Izmir | 8 mm | 1,169 | 403 | ↓ | 17 | ↓ | 2 |
Izmir | 10 mm | 1,161 | 400 | ↓ | 17 | ↓ | 2 |
Izmir | 12 mm | 1,153 | 397 | ↓ | 16 | ↓ | 2 |
Karabuk | 8 mm | 1,178 | 406 | ↓ | 17 | ↓ | 2 |
Karabuk | 12 mm | 1,161 | 400 | ↓ | 17 | ↓ | 2 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.90