End-user demand at low levels in Syrian rebar market

SteelOrbis has been informed that the local prices for medium size rebar in the Syrian market are currently at SYP 22,500/mt ($485/mt) ex-works on actual weight basis, excluding VAT, for payments deferred on a daily basis. The price level has increased by SYP 1,000/mt ($22/mt) compared to last week. End-user demand is currently at low levels in this market.