Weak demand continues in Turkish iron and steel markets. Rebar prices remained flat today. Spot market representatives expect a clearer improvement in demand after the first quarter of 2024. It was noteworthy that there was no change in prices after the Central Bank's decision. Despite the interest rate hike, prices did not change.
November 23rd, 2023 www.steelradar.com 's evaluation of spot rebar prices by region is as follows;
Istanbul rebar prices 20,400 TL (0.00) / 707,22 USD (0.00)
Izmir rebar prices 20.000 TL (0.00) / 693,36 USD (0.00)
Karabuk rebar prices 20.200 TL (0.00) / 700,29 USD (0.00)
Payas rebar prices 20.400 TL (0.00) / 707,22 USD (0.00)
1 USD = 28,85 Turkish Lira
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