Rebar price offers decreased in Turkey

In global markets, rebar continues to decline with the effect of weak demand. It is hoped that the Turkish steel industry, where exports have fallen considerably, will gain momentum with the support of investments after the election. Rebar, which decreased to $585 in China and $600 in Russia, is traded at $675 in Turkey.

While rebar prices in the Turkish spot market were at $680 yesterday, they dropped an average of $5 to $675 today. Bids from the buyer are at $665.

The current rebar prices evaluated by www.steelradar.com are as follows;

Istanbul rebar prices $676 / 15.500 TL (0.00)

İzmir rebar prices $676/ 15.500 TL (-100)

Karabuk rebar prices $676 / 15.500 TL (-100)

Payas rebar prices $672/ 15,400 TL (-200).