There is a deep silence in Turkish steel markets. The merchant is crying blood. The fact that the problem in VAT legislation is still unresolved continues to negatively affect the sector. Demand stopped in all regions. Production costs are now starting to strain factories. A supporting force is expected in the domestic market or exports.
Spot rebar prices by region, evaluated by www.steelradar.com on February 14, 2024, are as follows;
Istanbul rebar prices 23.100 TL (+100)
Izmir rebar prices 22.900 TL (0.00)
Karabük rebar prices 23.100 TL (+100)
Payas rebar prices 23,500 (+100)
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