Turkish steel markets announced the first rebar prices of 2024. This week is expected to be a smooth week in the iron and steel industry, which is working for the closure of the 2023 fiscal period.
Producers continued to maintain prices in the range of $620-625/ton, while the exchange rate exceeded 29.70, causing TL-based prices to increase by another 200-400tl/ton.
On January 2, 2024 www.steelradar.com assessed spot rebar prices by region as follows;
Istanbul rebar prices 22.000 TL (+200)
Izmir rebar prices 21.400 TL (+300)
Karabuk rebar prices 21.800 TL (0,00)
Payas rebar prices 22.200 (+400)
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