Payas and Karabük rebar prices decreased in Türkiye

There were corrections in Turkish rebar prices in the Karabük and Payas regions. Increasing demand in Turkey's local market had increased the strength of prices. However, the decrease in transaction volume on the second day of the week caused a decrease in iron prices in Karabük and Payas regions.

While it is heard that some manufacturers in the Istanbul region offer prices of up to $610 for cash payment to their buyers, price offers can be found 200-300TL below the list prices given in the spot market.

Spot rebar prices by region, evaluated by www.steelradar.com on December 12, 2023, are as follows;

Istanbul rebar prices 21.800 TL (0.00)

Izmir rebar prices 21.300 TL (0.00)

Karabük rebar prices 21.400 TL (-100)

Payas rebar prices 21.800 (-200)