Local Turkish market starts week with decline in prices

Monday, 26 September 2016 16:49:30 (GMT+3)   |   Istanbul
       

Due to the Turkish lira starting the current week on a downward trend against the US dollar, price inquiries in the local Turkish rebar market have declined, while trading activity in the market has slowed down. Meanwhile, buyers are only concluding rebar purchases in line with their needs and demand is still weak.
 
As of today, September 26, traders' rebar offers in the Turkish domestic market are as follows:

RegionDimensionPrice (TRY/mt)Price ($/mt)Price changes (TRY/mt)Price changes ($/mt)
22.09.201622.09.2016
Marmara8 mm1,1533851611
Marmara12 mm1,1363801711
Iskenderun8 mm1,14438398
Iskenderun10 mm1,13638088
Iskenderun12 mm1,12737798
Izmir8 mm1,1273771711
Izmir10 mm1,1193741711
Izmir12 mm1,113711711
Karabuk8 mm1,1533851611
Karabuk12 mm1,1363801711

All prices are ex-warehouse and on actual weight basis and exclude VAT.
 
$1 = TRY 2.99


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