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