Despite the rise in the dollar rate, rebar prices continue to fall due to weak demand and the negative atmosphere in the global markets.
While Icdas announces its current rebar and wire rod prices horizontally, it continues with discounts of up to $10 during the sales phase. It was heard that the mill sold 20,000 tons yesterday at an average of $690.
11.04.2023 - İÇDAŞ current price list
Biga;
Rebar (12-32mm) $700
Plain Wire Rod $720
Deformed Wire Rod $730
Istanbul;
Rebar (12-32mm) $715
Plain Wire Rod $735
Deformed Wire Rod $745
Steel factories in Istanbul continue to sell at yesterday's levels in the range of $700-703. However, the demand is quite weak. The factories in Payas region gave a price of $710 yesterday, while some factories have updated their rebar sales prices to $700 today. One of the producers in the Izmir region preferred not to give prices in order not to adapt to the falling prices, while another factory stated that it would not go below $700.
Rebar prices per ton decreased in Istanbul, Izmir, Karabuk and Payas
Turkey's spot rebar prices decreased by $3-6 depending on regions.
The current rebar prices evaluated by www.steelradar.com are as follows;
Istanbul rebar prices 704$ / 15.950 TL (-50)
İzmir rebar prices 704$/ 15.950 TL (-50)
Karabuk rebar prices 708$ / 15.950 TL (-150)
Payas rebar prices 708$ / 16,000 TL (-100).
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