Turkish spot iron prices drop another $20

Prices continue to fall in the iron and steel markets. Turkish steelmakers reduced their iron prices by an average of $20 more. A producer in Izmir has sold up to $620 for 2 days. Merchant-based prices, on the other hand, decreased by 400 TL.

The rebar prices, which are evaluated as www.insaatnoktasi.com published daily, are as follows;  

Istanbul iron prices         13.500 TL (-400)

Izmir iron prices              13.100 TL (-400)

Karabuk iron prices          13.300 TL (-400)

Payas iron prices              were announced as 13,300 TL (-400).