Silence in the Syrian domestic rebar market

SteelOrbis has been informed that the local prices for medium size rebar in the Syrian market are currently at SYP 24,500/mt ($532/mt) ex-warehouse on actual weight basis, excluding VAT, for payments deferred on a weekly basis. In the Syrian domestic rebar market the prices have indicated a decrease of SYP 1,500/mt ($33/mt) as compared to last week. End-user demand, which was active last week, has this week been following a more sluggish trend.