Rebar prices still on sideways trend in Turkey

Tuesday, 29 May 2012 17:10:08 (GMT+3)   |  
While rebar quotations in the Turkish domestic market have not shown any changes as compared to yesterday, market activities have remained low. Buyers, who are adopting a cautious approach towards the market, have kept their purchases at minimal levels and suppliers have refrained from reducing their offers in the domestic market.

According to information collected by SteelOrbis from market sources, as of today, May 29, rebar prices in the Turkish domestic steel market are as follows:

Region

Dimension

Price (TRY/mt)

Price ($/mt)

Price change (TRY/mt)

28.05.2012

Marmara

8 mm

1,400

648

0

Marmara

12 mm

1,380

639

0

Iskenderun

8 mm

1,410

653

0

Iskenderun

10 mm

1,400

648

0

Iskenderun

12 mm

1,390

644

0

Izmir

8 mm

1,385

641

0

Izmir

10 mm

1,370

634

0

Izmir

12mm

1,360

630

0

Karabuk

8 mm

1,400

648

0

Karabuk

12 mm

1,380

639

0

All prices are ex-warehouse and on actual weight basis. The TRY prices include 18 percent VAT, while the US$ prices exclude VAT.

$1 = TRY 1.83

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