Will iron prices continue to fall?

Producer prices remained at the level of $680 due to the ongoing export production and shipments in İzmir factories, as well as the problems experienced in material diversity. While the list selling price of 690$ was announced, it was heard that İçdaş made a -10$ discount during the day according to the demand. For this reason, the demand that came to Izmir via Istanbul last week was also withdrawn. The declines in imported scrap prices also indicated that the direction of the market is still going down.

The rebar prices we publish on a daily basis are as follows;

Istanbul iron prices are reduced by 80 TL to 6.930 TL

İzmir iron prices are reduced by 30 TL to 6,820 TL.

Karabük iron prices are reduced by 100 TL to 6.850 TL

Payas iron prices were reduced by 50 TL and announced as 6.850 TL.