Turkish domestic rebar market continues its downward trend

Monday, 22 September 2008 16:55:47 (GMT+3)   |  
       

The Turkish domestic rebar market is continuing its downward trend. However, the prices which had been showing a sharp decline since the middle of July, are now decreasing at a slower pace.

Current rebar prices in the Turkish domestic market are as follows:

Region

Product

Price

Marmara

8 mm

TRY 1,070/mt (approx. $734/mt)

Marmara

12 mm

TRY 1,050/mt (approx. $720/mt)

Iskenderun

8 mm

TRY 1,025/mt (approx. $701/mt)

Iskenderun

12 mm

TRY 1,035/mt (approx. $709/mt)

Izmir

8 mm

TRY 1,070/mt (approx. $734/mt)

Izmir

12 mm

TRY 1,050/mt (approx. $720/mt)

Sivas

12-22 mm

TRY 1,040/mt (approx. $712/mt)

Karabük

8 mm

TRY 1,030/mt (approx. $705/mt)

Karabük

12 mm

TRY 1,010/mt (approx. $692/mt)

The above TRY prices are ex-works, on actual weight basis and including VAT, while the US$ prices are ex-works, on actual weight basis and excluding VAT.


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