What happens in iron prices on January 27 ?

Local iron prices based on regions in Turkey were announced. The iron market, which has been quite stagnant for a while, is active today. The action of steel mills for import scrap purchases accelerated the buying and selling processes.

In addition, the prediction that China's consumption will be strong in 2022 created an expectation for an increase in prices.

The traded rebar prices we publish on a daily basis are as follows;
Istanbul iron prices remained unchanged, 11,300 TL

İzmir iron prices increased by 50 TL to 11,250 TL.

Karabük iron prices increased by 150 TL to 11,200 TL.

Payas iron prices increased by 250 TL and were announced as 11,200 TL.