The downtrend in rebar prices has started in Turkish steel markets. In the second half of November, prices increased by $50-55 from $635 to $690.
The current iron prices announced by the mills for the new week have not changed. However, discounted prices began to form in the factories during the sales phase last week. Producers' discounted figures are expected to continue this week. It has been heard that the base prices of the Istanbul and Izmir factories, whose list prices are $ 690, are at $ 675. Traded prices are at the level of 14.800-14.850 TL.
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