Prices in Syrian domestic long steel market

Friday, 25 March 2011 16:22:01 (GMT+3)   |  
       

SteelOrbis has been informed that, in the Syrian longs market, prices of imported angles are at SYP 37,500-38,000/mt ($801-812/mt) ex-warehouse, imported IPN/UPN prices are at SYP 37,500-38,000/mt ($801-812/mt) ex-warehouse, while flat and square bar prices are at the level of SYP 35,000-35,500/mt ($748-759/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 stand at SYP 34,000-34,500/mt ($727-737/mt) ex-works, on actual weight basis, excluding VAT, and for cash payment.
 
US$1 = SYP 46.8

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