Iron prices announced on November 2

Significant declines continue in Chinese futures. Iron ore price fell as low as $89 in the January futures contract. The decrease in steel production in China and the increase in stocks from Australia and Brazil were the major factors. With the developments in the global markets, the prices in the Turkish domestic market tend to soften.

The traded rebar prices we publish on a daily basis are as follows;
Istanbul iron prices are reduced by 50 TL to 8.350 TL.

İzmir iron prices are reduced by 100 TL to 8.300 TL

Karabük iron prices are reduced by 70 TL and 8. 380 TL

Payas iron prices decreased by 60 TL and were announced as 8. 320 TL.