fAccording to market sources, demand in the local Turkish market has continued to be characterized by sluggishness in the current week. Additionally, it is reported that there has been no demand for Kardemir's domestic rebar sales which were opened today at the level of TRY 1,288/mt ($578/mt) ex-works, excluding VAT.
As of today, September 23, traders' rebar offers in the Turkish domestic market are as follows:
Region | Dimension | Price (TRY/mt) | Price ($/mt) | Price changes (TRY/mt) 16.9.2014 |
Marmara | 8 mm | 1,510 | 579 | 0 |
Marmara | 12 mm | 1,490 | 571 | 0 |
Iskenderun | 8 mm | 1,495 | 573 | 0 |
Iskenderun | 10 mm | 1,480 | 569 | 0 |
Iskenderun | 12 mm | 1,470 | 566 | 0 |
Izmir | 8 mm | 1,490 | 573 | -5 |
Izmir | 10 mm | 1,480 | 566 | -5 |
Izmir | 12 mm | 1,470 | 562 | -5 |
Karabuk | 8 mm | 1,510 | 575 | -5 |
Karabuk | 12 mm | 1,490 | 567 | -5 |
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 2.24