Demand in the local Turkish rebar market is still at low levels, since buyers have continued to postpone their purchases ahead of the Feast of Sacrifice holiday. Also, with the softening of scrap prices, traders in the local Turkish rebar market have revised their prices downwards.
As of today, September 8, 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) | ||
| 05.09.2016 | 05.09.2016 | ||||||
| Marmara | 8 mm | 1,186 | 405 | ↓ | 10 | 0 | |
| Marmara | 12 mm | 1,169 | 399 | ↓ | 10 | 0 | |
| Iskenderun | 8 mm | 1,157 | 395 | ↓ | 5 | ↑ | 1 |
| Iskenderun | 10 mm | 1,148 | 392 | ↓ | 5 | ↑ | 1 |
| Iskenderun | 12 mm | 1,140 | 389 | ↓ | 5 | ↑ | 1 |
| Izmir | 8 mm | 1,153 | 393 | ↓ | 10 | ↓ | 1 |
| Izmir | 10 mm | 1,144 | 390 | ↓ | 10 | ↓ | 1 |
| Izmir | 12 mm | 1,136 | 388 | ↓ | 10 | 0 | |
| Karabuk | 8 mm | 1,169 | 399 | ↓ | 20 | ↓ | 3 |
| Karabuk | 12 mm | 1,153 | 393 | ↓ | 20 | ↓ | 3 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.93