Iron prices have been announced on November 21. The positive trend in imported scrap prices at the weekend was reflected in iron prices in Istanbul and Payas.
There were some developments in the steel industry over the weekend. One of them was that India removed the duties on steel exports in May, and the other was that the last imported scrap price was traded at $342. The events created the prediction that imported scrap prices will remain strong in new offers.
The rebar prices, which are evaluated as www.insaatnoktasi.com published daily, are as follows;
Istanbul iron prices 14.000 TL (+150)
Izmir iron prices 13.600 TL (+50)
Karabuk iron prices 13.800 TL (0.00)
Payas iron prices were announced as 13,800 TL (+100).
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