Iron prices cannot hold in Turkey

Declining product prices due to lack of demand in the markets continue to put pressure on scrap prices. Even the suitable billet offers from Russia and China are not in demand. Market participants, who stated that this week will close downwards, said that new expectations will remain for the next week.  

 The rebar prices , which  are evaluated as www.insaatnoktasi.com published daily, are  as  follows;

Istanbul iron prices          14.500 TL (-50)

Izmir iron prices               14.250 TL (-50)

Karabuk iron prices           14,550 TL (-50)

Payas iron prices               were announced as 14,450 TL (-50).