Spot iron prices in Turkey decreased by 250 TL in İzmir, 150 TL in Istanbul, 100 TL in Karabük and 100 TL in Payas in the first three days of the week.
While the sales prices of rebar in iron and steel factories are in the range of $580-600, it has been heard that some factories have reduced their prices to $570 for a short time. Weak demand in the spot market continued to push prices down, especially in Izmir and Istanbul.
September 6, 2023 The spot rebar prices by region as evaluated by www.steelradar.com are as follows;
Istanbul rebar prices 18.800 TL (-100)
Izmir rebar prices 18.500 TL (-50)
Karabuk rebar prices 18.600 TL (-100)
Payas rebar prices 18.600 TL (-100)
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