Rebar prices in Türkiye are stuck at the last level. Increases in the dollar exchange rate and scrap could not be reflected in prices. While prices are expected to increase with the developments, rebar prices resist the increase. Because the demand side is not progressing. Steel producers in the Marmara region of Türkiye did not lower their prices from $575 yesterday to $580 today. In the Aegean region, one mill sold some steel at the $565 level.
September 22, 2023 Spot rebar prices by region, as assessed by www.steelradar.com, are as follows;
Istanbul rebar prices 18,600 TL (0.00) / 684,67 USD (0,00)
Izmir rebar prices 18.500 TL (0,00) / 680,97 USD (0,00)
Karabuk rebar prices 18.600 TL (0,00) / 684,67 USD (0,00)
Payas rebar prices 18.800 TL (+50) / 692,01 USD (+50)
1 USD = 27,17 Turkish Lira
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