Turkish spot iron prices offer decreases

Domestic rebar prices in Turkey continue to decline. The decline in scrap prices supported this decline. The last import scrap booking in the market today was at $355.  Producer prices for rebar are trading at an average of $350, while spot market prices are offered in the $639-645 price range.

 The rebar prices published daily, are  as  follows;

Istanbul iron prices          14.150 TL (-50)

Izmir iron prices               14.050 TL (-50)

Karabuk iron prices           14.050 TL (-50)

Payas iron prices               were announced as 14,100 TL (-100).