Local Turkish rebar market continues to move down

Monday, 15 August 2016 18:06:19 (GMT+3)   |   Istanbul

Demand in the local Turkish rebar market has remained weak since August 11, while domestic rebar prices in Turkey have mostly fallen further in this period. Market sources state that buyers are still generally postponing their rebar purchases and are concluding new deals only in line with their needs, while political tension in Turkey has continued to negatively affect the local rebar market.
 
As of today, August 15, 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)
11.08.2016 11.08.2016
Marmara 8 mm 1,186 402 ↓ 17 ↓ 5
Marmara 12 mm 1,169 396 ↓ 17 ↓ 5
Iskenderun 8 mm 1,161 394   0 ↑ 2
Iskenderun 10 mm 1,153 391   0 ↑ 2
Iskenderun 12 mm 1,144 388   0 ↑ 1
Izmir 8 mm 1,165 395 ↓ 9 ↓ 2
Izmir 10 mm 1,157 392 ↓ 8 ↓ 2
Izmir 12 mm 1,148 389 ↓ 9 ↓ 2
Karabuk 8 mm 1,174 398 ↓ 4 ↓ 0
Karabuk 12 mm 1,157 392 ↓ 4 ↓ 0
 

All prices are ex-warehouse and on actual weight basis and exclude VAT.
 
$1 = TRY 2.95

Marketplace Offers

Deformed Bar

Diameter 8 - 40 mm
 
Tedarikçi CONARES METAL SUPPLY
View Offer

Deformed Bar

Diameter 6 - 32 mm
  ES ISO 6935-2 2019 B500BWR , ASTM A615 GR 60
Tedarikçi YOTTA TRADING
View Offer

Deformed Bar

Diameter 8 - 32 mm
 
Tedarikçi SHATTAF STEEL IND. CO. LLC.
View Offer

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