According to market sources, prices in the local Turkish rebar market have declined over the past week, while demand has not improved in the same period.
As of today, December 1, traders' rebar offers in the Turkish domestic market are as follows:
Region | Dimension | Price (TRY/mt) | Price ($/mt) | Price changes (TRY/mt) 26.11.2014 |
Marmara | 8 mm | 1,300 | 496 | -10 |
Marmara | 12 mm | 1,280 | 489 | -10 |
Iskenderun | 8 mm | 1,285 | 491 | -25 |
Iskenderun | 10 mm | 1,270 | 485 | -20 |
Iskenderun | 12 mm | 1,260 | 481 | -20 |
Izmir | 8 mm | 1,300 | 496 | - |
Izmir | 10 mm | 1,290 | 492 | - |
Izmir | 12 mm | 1,280 | 489 | - |
Karabuk | 8 mm | 1,290 | 492 | -5 |
Karabuk | 12 mm | 1,270 | 485 | -5 |
All prices are ex-warehouse and on actual weight basis. The TRY prices include 18 percent VAT, while the US$ prices exclude VAT.
$1 = TRY 2.22