Rebar prices also increased on 13 July! Will the increase continue?

Rebar prices were announced on July 13. Prices in the regions continued to rise today. While some companies did not open their prices due to the Eid holiday, some continued to increase.

While there was a quiet market day due to the holiday, TL-based prices increased with the rising movements in the exchange rate. While the expectations are interpreted as 50% increase and 50% decrease, insufficient demand in exports may curb the rising prices in the domestic market. On the other hand, the unstoppable exchange rate increase does not allow TL-based prices to come back.

The rebar prices, which are evaluated as www.insaatnoktasi.com daily, are as follows;  

Istanbul iron prices increased by 150 TL to 14.700 TL (+150)

İzmir iron prices increased by 150 TL to 14,550 TL (+150)

Karabük iron prices increased by 200 TL to 14.700 TL (+200)

Payas iron prices           were announced as 14,600 TL (+150) with an increase of 150 TL.