Rebar prices in Israel

Israeli mills' rebar offers to their local market still stand in the price range of $860-870/mt ex-works, excluding 15.5 percent VAT, on actual weight basis, while rebar demand in the country is still at good levels.
 
In the meantime, Turkish rebar offers to Israel have remained unchanged at $760-765/mt CFR. However, due to the financial uncertainty in Europe, buyers prefer to adopt a wait-and-see stance.