Türkiye rebar prices depreciated by 3 percent weekly

Due to the weak weather and sluggish demand in the iron and steel market, the prices of raw materials, semi-finished products and rebar continue to decline.

Rebar prices decreased by TL 500-700/$17-23 last week compared to Wednesday.

While local rebar prices at iron and steel plants are announced in the range of $565-580, spot rebar prices in Türkiye are in the range of $563-569.

Rebar prices according to regions, evaluated by www.steelradar.com, are as follows;

Istanbul rebar prices 18.100 TL (0,00) / 569$ (0,0)

Izmir rebar prices 17.900 TL (-100)  / 563$  (-3)

Karabuk rebar prices 18.100 TL (0,00) / 569$ (0,0)

Payas rebar prices 17.900 TL (-100) / 563$ (-3)