SteelOrbis has been informed that in the Syrian longs market prices have trended up slightly. Thus, prices of imported angles are at SYP 35,000/mt ($753/mt) ex-warehouse, imported IPN/UPN prices are at SYP 35,000/mt ($753/mt) ex-warehouse, while flat and square bar prices are at the level of SYP 33,500-34,000/mt ($720-731/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 34,000/mt ($731/mt) ex-works, on actual weight basis, excluding VAT, and for cash payment.
US$1 = SYP 46.5