The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) kept the one-week repo auction rate, which is the policy rate, at 14 percent. The dollar softened after the decision.
With the decline in the dollar, rebar prices on January 20, 2022 also decreased. While the factories announced their list prices in the range of $700-710, they offered discounted prices in the range of 5-10.
The traded rebar prices we publish on a daily basis are as follows;
Istanbul iron prices decreased by 150 TL to 11.100 TL
İzmir iron prices decreased by 150 TL to 10,900 TL.
Karabük iron prices decreased by 150 TL to 10.950 TL.
Payas iron prices decreased by 100 TL and were announced as 10,850 TL.
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