During the past week, demand has remained at low levels in the local Turkish rebar market, while domestic rebar prices in Turkey has started the current week with a fall amid the sharp declines recorded in Chinese billet export prices and due to the long-standing weakness of local rebar demand.
As of today, May 9, 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) | ||
| 05.05.2016 | 05.05.2016 | ||||||
| Marmara | 8 mm | 1,525 | 519 | ↔ | 0 | ↔ | 0 |
| Marmara | 12 mm | 1,508 | 513 | ↔ | 0 | ↔ | 0 |
| Iskenderun | 8 mm | 1,415 | 481 | ↓ | 34 | ↓ | 12 |
| Iskenderun | 10 mm | 1,407 | 478 | ↓ | 34 | ↓ | 12 |
| Iskenderun | 12 mm | 1,398 | 476 | ↓ | 34 | ↓ | 11 |
| Izmir | 8 mm | 1,458 | 496 | ↓ | 17 | ↓ | 6 |
| Izmir | 10 mm | 1,449 | 493 | ↓ | 17 | ↓ | 6 |
| Izmir | 12 mm | 1,441 | 490 | ↓ | 17 | ↓ | 6 |
| Karabuk | 8 mm | 1,449 | 493 | ↓ | 17 | ↓ | 6 |
| Karabuk | 12 mm | 1,432 | 487 | ↓ | 17 | ↓ | 6 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.94