The rate of increase in prices in the Turkish steel market has stopped

The iron and steel market in Turkiye remained calm on the fourth day of the week. The market, which was active at the beginning of the week, stagnated as the weekend approached. While demands decreased, payment terms started to shift to next week. While the selling prices of the producers remained stable compared to yesterday, the factory prices by region were announced as follows;

Biga $575/ton

Istanbul 585$/ton

Izmir 570$/ton

Payas 590$/ton

Spot rebar prices by region, evaluated by www.steelradar.com on November 9, 2023, are as follows;

Istanbul rebar prices 19.900 TL (0.00)
Izmir rebar prices 19.350 TL (0.00)
Karabük rebar prices 19.700 TL (0.00)
Payas rebar prices 20,000 TL (0,00)