14,393.85 TRY BIST 100 BIST 100
56.28 EUR EUR EUR
48.52 USD USD USD
7.27 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.76 TRY Interest Interest
105.61 USD Fossil Oil Fossil Oil
6.59 USD Copper Copper
100.22 TRY Silver Silver
98.02 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
97.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

What was the price per tonne of rebar after the interest rate decision?

The latest situation in iron and steel markets after the expected Central Bank interest rate decision...

What was the price per tonne of rebar after the interest rate decision?

The expected Central Bank interest rate decision was announced.

The Central Bank of the Republic of Turkey decided to increase the interest rate from 15 percent to 17.5 percent. While the decision was below the economists' forecast, iron and steel markets are signalling a decrease. Producer prices in the Istanbul region continued to be quoted at $590-600, while spot market prices (-200tl/-6$) decreased to 18,600tl/585$.

According to www.steelradar.com, rebar prices by region are as follows;

Istanbul rebar prices 18,600 TL (-200) / $585 (-6)

Izmir rebar prices 18.500 TL (0,00) / 583 $

Karabuk rebar prices 18.600 TL (0,00) / 587 $

Payas rebar prices 18.600 TL (0,00) / 587 $

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