Industry officials note that demand has decreased, and the difficulty of the market in accepting high prices, compounded by seasonal factors, is fueling this situation. It is also mentioned that government-imposed financial reforms have placed an additional burden on the sector.
In the domestic market, rebar prices, though varying by region, generally range between $610-640/ton. In Izmir, rebar prices remain steady at $610-615/ton, while in the Marmara region, prices are observed at $620/ton ex-works. İçdaş keeps its official rebar price stable at $630/mt, though buyers can purchase at $620/mt.
The export market, meanwhile, is sluggish. A more cautious approach is seen with new orders, and according to SteelRadar data, rebar prices exported from Türkiye are trading at $600-610/ton FOB. With weak demand both domestically and internationally, market activity remains slow, and increased economic uncertainties make it difficult for players to forecast.
In the coming days, the sector will be closely monitoring not only the impact of the U.S. election results on the markets but also how imported scrap prices and demand levels will evolve. Producers emphasize the need for new cost-related regulations to maintain price stability; how the market develops during this period will shape the sector’s future trajectory.
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