Rebar prices increased in Turkiye by 100t in Izmir, Karabük and Payas and decreased by 100t in Istanbul compared to the previous day. Increasing energy costs are putting pressure on producers while weak demand continues to negatively affect the market. While producer prices settled in the range of $580-590, spot market prices vary between $580-590 depending on the region.
Spot rebar prices by region, as evaluated by www.steelradar.com on 4 October 2023, are as follows;
Istanbul rebar prices 19.300 TL (-100)
Izmir rebar prices 19.200 TL (+100)
Karabuk rebar prices 19.300 TL (+100)
Payas rebar prices 19.600 TL (+100)
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