Domestic rebar prices have continued to move down during this week, while demand in the local Turkish rebar market has continued to be characterized by slackness in the same period. Meanwhile, buyers are only concluding rebar purchases in line with their needs amid the approach of Ramadan which begins on June 6.
As of today, June 2, traders' rebar offers in the Turkish domestic market are as follows:
| Region | Dimension | Price (TRY/mt) | Price ($/mt) | Price changes (TRY/mt) | Price changes ($/mt) | ||
| 30.05.2016 | 30.05.2016 | ||||||
| Marmara | 8 mm | 1,195 | 406 | ↓ | 85 | ↓ | 28 |
| Marmara | 12 mm | 1,178 | 401 | ↓ | 85 | ↓ | 27 |
| Iskenderun | 8 mm | 1,102 | 375 | ↓ | 59 | ↓ | 19 |
| Iskenderun | 10 mm | 1,093 | 372 | ↓ | 60 | ↓ | 19 |
| Iskenderun | 12 mm | 1,085 | 369 | ↓ | 59 | ↓ | 19 |
| Izmir | 8 mm | 1,169 | 398 | ↓ | 34 | ↓ | 10 |
| Izmir | 10 mm | 1,161 | 395 | ↓ | 34 | ↓ | 10 |
| Izmir | 12 mm | 1,153 | 392 | ↓ | 33 | ↓ | 10 |
| Karabuk | 8 mm | 1,169 | 398 | ↓ | 34 | ↓ | 10 |
| Karabuk | 12 mm | 1,153 | 392 | ↓ | 33 | ↓ | 10 |
All prices are ex-warehouse and on actual weight basis and exclude VAT.
$1 = TRY 2.94