SteelOrbis has been informed that in the Syrian longs market prices have not showed any changes as compared to last week. Thus, prices of imported angles are at SYP 33,000/mt ($713/mt) ex-warehouse, imported IPN/UPN prices are at SYP 33,500-34,000/mt ($724-734/mt) ex-warehouse, while flat and square bar prices are at the level of SYP 31,000/mt ($670/mt) ex-works. All prices are on actual weight basis, for weekly deferred payment and excluding VAT.
On the other hand, local mills' rebar prices in the Syrian market are currently at SYP 30,500/mt ($659/mt) ex-works, on actual weight basis, excluding VAT, and for cash payment.
US$1 = SYP 46.3