SteelOrbis has been informed that, in the Syrian longs market, prices of imported angles are at SYP 35,500/mt ($759/mt) ex-warehouse - up SYP 500/mt ($11/mt), imported IPN/UPN prices are at SYP 35,500/mt ($759/mt) ex-warehouse - up SYP 500/mt ($11/mt), while flat and square bar prices are at the level of SYP 33,500-34,000/mt ($717-727/mt) ex-works, remaining unchanged, all compared to last week. 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 have dropped by SYP 500/mt ($11/mt) as compared to last week, declining to SYP 33,500/mt ($717/mt) ex-works, on actual weight basis, excluding VAT, and for cash payment.
US$1 = SYP 46.75