Footsteps of $650 came in iron prices!

Rrebar prices were announced. Turkish steel mills opened prices at $700 today. However, it went as low as $685 or even below. export market is still weak.

Russian billet orders from the mills continue at $565-570 cfr. In return for these prices, it is predicted that iron prices can go down to the level of $650.

The rebar prices, which are evaluated as www.insaatnoktasi.com daily, are as follows;  

Istanbul iron prices are 14.100 TL with 200 TL discount

İzmir iron prices are 13.550 TL with 300 TL discount

Karabuk iron prices are 13,700 TL with 300 TL discount

Payas iron prices were announced as 13,600 TL with a 150 TL discount.