Rebar prices in Turkey have fallen by 400-650tl / 4-5$ compared to last week. Scrap-billet-product prices continue to decrease as the pressure from weak demand persists. Imported scrap prices have fallen below $355, while scrap purchases have accelerated at Turkish steel mills.
According to www.steelradar.com, rebar prices by region are as follows;
Istanbul rebar prices 18,600 TL (0.00) / $585 (0.0)
Izmir rebar prices 18.500 TL (0,00) / 583$ (0,0)
Karabuk rebar prices 18,550 TL (-50) / 584$ (-3)
Payas rebar prices 18.500 TL (-100) / 582$ (-4)
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