Rebar prices in Türkiye fell by $1-4/ton. Weekly losses averaged around $10/ton.
Rebar prices at Türkiye's steel mills have remained flat in the $555-580/ton range, but trader-based prices continue to decline due to cash shortages. The gap between the list prices and the offered prices has increased by region. In Istanbul 18,600 TL / 666,29 USD, in Izmir 18,300 TL / 655,55 USD and in Payas 18,500 TL / 662,71 USD are being offered in cash.
October 17, 2023 www.steelradar.com 's evaluation of spot rebar prices by region is as follows;
Istanbul rebar prices 18.900 TL (-100) / 677,04 USD (-3,58)
Izmir rebar prices 18.500 TL (-100) / 662,71 USD (-3,58)
Karabuk rebar prices 18.700 TL (0,00) / 669,87 USD (0,00)
Payas rebar prices 18.800 TL (0,00) / 673,45 USD (0,00)
1 USD = 27,91 Turkish Lira
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