Rebar prices are below $700!

Rebar prices continue to decrease! Ton price of rebar decreased by 100 TL in 3 days.

Spot iron prices, which were 16.000 TL in the market, which was appetizing towards the end of last week, came back to 15.900 TL this week.

İçdaş reported that current rebar and wire rod prices are flat. However, the downward trend in prices is expected to continue for a while.

12.04.2023 - İÇDAŞ current price list

Biga;

Rebar (12-32mm) $700

Plain Wire Rod  $720

Deformed Wire Rod  $730 

Istanbul;

Rebar (12-32mm) $715

Plain Wire Rod  $735

Deformed Wire Rod $745

12 APRIL 2023 CURRENT REBAR TONS PRICE ANNOUNCED

Istanbul, Izmir, Karabuk, Payas rebar ton prices decreased.

Despite the increase in the dollar rate, prices in the global markets and in the Turkish local market continue to be negative.

While the iron and steel factories in Istanbul decreased a few dollars and announced prices in the range of $695-700, the producers of Izmir and Payas reported prices at the level of $700-710.

Turkish spot rebar prices decreased another $2 to $698.

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

Istanbul rebar prices 698$ / 15.900 TL (-50)

İzmir rebar prices 698$/ 15.900 TL (-50)

Karabuk rebar prices 698$ / 15.900 TL (-50)

Payas rebar prices 698$ / 15.900 TL (-100).