The Turkish lira continues to depreciate in Türkiye. While the dollar exchange rate was trading at 28.43 yesterday, it rose to 28.48 today.
Tosyalı, one of the leading companies in the Iskenderun region, opened its rebar prices for sale at $585/ton (20,000tl) today, which supported the market upwards. Producer sales figures in dollar terms were unchanged in Istanbul and Izmir, while prices in Turkish lira terms rose.
November 7, 2023 spot rebar prices by region, as assessed by www.steelradar.com, are as follows;
Istanbul rebar prices 19,800 TL (+200) / 694,73 USD
Izmir rebar prices 19.200 TL (0,00) / 673,68 USD
Karabuk rebar prices 19,600 TL (+300) / 687,71 USD
Payas rebar prices 19.900 TL (+300) / 698,24 USD
1 USD = 28,50 Turkish Lira
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