Over the past week, demand in the local Turkish rebar market has continued to be characterized by weakness. Buyers are still adopting a wait- and-see stance as due to the ongoing crisis in the local construction sector. Meanwhile, traders’ prices have decreased by TRY 9-34/mt as compared to SteelOrbis’ report published on January 3, though the prices have increased by $4-8/mt due to currency fluctuations.
As of today, January 7, traders’ rebar offers in the Turkish domestic market are as follows:
|
Region |
Dimension |
Price (TRY/mt) |
Price ($/mt) |
Price changes (TRY/mt) |
Price changes ($/mt) |
||
|
3.1.2019 |
3.1.2019 |
||||||
|
Marmara |
8 mm |
2,449 |
456 |
↓ |
9 |
↑ |
8 |
|
Marmara |
12 mm |
2,432 |
453 |
↓ |
9 |
↑ |
8 |
|
Iskenderun |
8 mm |
2,441 |
455 |
↓ |
34 |
↑ |
4 |
|
Iskenderun |
10 mm |
2,428 |
452 |
↓ |
34 |
↑ |
4 |
|
Iskenderun |
12 mm |
2,415 |
450 |
↓ |
34 |
↑ |
4 |
|
Izmir |
8 mm |
2,458 |
458 |
↓ |
25 |
↑ |
6 |
|
Izmir |
10 mm |
2,449 |
456 |
↓ |
26 |
↑ |
5 |
|
Izmir |
12 mm |
2,441 |
455 |
↓ |
25 |
↑ |
6 |
|
Karabuk |
8 mm |
2,441 |
455 |
↓ |
17 |
↑ |
7 |
|
Karabuk |
12 mm |
2,424 |
451 |
↓ |
17 |
↑ |
6 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 5.37