Demand in the Turkish iron and steel market weakened. Demand, which has been increasing since early November due to limited supply, has slowed down. The slow onset of winter conditions is unsettling the markets. As producers complete their scrap purchases, prices are expected to stabilize.
November 22, 2023 www.steelradar.com evaluated spot rebar prices by region as follows;
Istanbul rebar prices 20,400 TL (0.00) / 707,55 USD (0.00)
Izmir rebar prices 20.000 TL (0.00) / 693,68 USD (0.00)
Karabuk rebar prices 20.200 TL (0.00) / 700,61 USD (0.00)
Payas rebar prices 20.400 TL (0.00) / 707,55 USD (0.00)
1 USD = 28,83 Turkish Lira
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