Stagnant demand in the Turkish steel market has started to put pressure on rebar prices. While producer prices remained flat, spot prices in Gebze, Izmir and Karabük started to fall. Rebar prices between 20.700-20.800 TL / 717,32-720,79 USD in Payas region cannot find buyers.
November 30, 2023 www.steelradar.com evaluated spot rebar prices by region as follows;
Istanbul rebar prices 20.500 TL (-100) / 710.39 USD (-3.47)
Izmir rebar prices 20.000 TL (-100) / 693.06 USD (-3.47)
Karabuk rebar prices 20.300 TL (-100) / 703.46 USD (-3.47)
Payas rebar prices 20.700 (0.00) / 717.32 USD (0.00)
1 USD = 28,86 TL
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