Prices decrease in local Turkish rebar market

Prices in the local Turkish rebar spot market have decreased since February 8, since market players have had to revise their prices downwards due to weak demand despite the ongoing tight supply of some products.

  

As of today, February 11, 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)
				08.02.2016		08.02.2016
Marmara	8 mm	979	334	↓	4	↑	1
Marmara	12 mm	962	328	↓	4	↑	1
Iskenderun	8 mm	962	328	↓	13	↓	2
Iskenderun	10 mm	953	325	↓	13	↓	2
Iskenderun	12 mm	945	322	↓	13	↓	2
Izmir	8 mm	970	331	↓	4	↑	1
Izmir	10 mm	958	327	↓	4	↑	1
Izmir	12 mm	949	324	↓	4	↑	1
Karabuk	8 mm	970	331	↓	13	↓	2
Karabuk	12 mm	953	325	↓	13	↓	2

                                                                                       

All prices are ex-warehouse and on actual weight basis and exclude VAT.

 

$1 = TRY 2.93