Producer prices continued at $950 today. However, there were serious decreases in merchant-based prices.
As the mills filled their scrap stocks and April-May orders, panic created the idling markets. Although there was no price reduction in the factories, the trader who wanted to sell his goods had to reduce the sales price because he could not see enough demand.
The traded rebar prices that we publish on a daily basis are explained as follows;
Istanbul iron prices are 15,900 TL with 350 TL discount
İzmir iron prices are 15.800 TL with 200 TL discount
Karabuk iron prices 500 TL Discount 15.500 TL
Payas iron prices were announced as 15,500 TL with a discount of 300 TL.
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