Rebar trade in Türkiye's local market has gained momentum. The increase in demand pushes prices up.
Tonnage sales were made in iron and steel factories at prices announced between $600-620/ton. At the end of the day, some factories closed their prices, while others increased their current prices by $10/ton.
Kardemir's sale of 58 thousand tons of billet in the morning also signaled that prices would strengthen.
Spot rebar prices by region, evaluated by www.steelradar.com on December 6, 2023, are as follows;
Istanbul rebar prices 21.300 TL (+200)
Izmir rebar prices 20.900 TL (+300)
Karabük rebar prices 20.900 TL (0.00)
Payas rebar prices 21.600 (+100)
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