Post Views: 456 Turkey rebar market Overview of Global Rebar Market Dynamics The global rebar market experienced significant pressure in June 2025, driven by declining scrap prices and weak demand across key regions. While the US market saw an uptick in prices, European, Turkish, and Chinese markets faced downward price adjustments. The persistent global economic uncertainty and seasonal slowdowns in construction activities have been central to the evolving dynamics of rebar pricing. Turkey: Struggling Amid Low Demand and Financial Constraints In Turkey, the rebar market saw a 0.8% decline in prices during the first half of June, dropping to $543.75/t FOB. Key factors contributing to this decline include low domestic and export demand, macroeconomic difficulties, and high interest rates. Notably, demand from critical markets like Europe and the Middle East remained subdued. While Turkish sales to regions such as Syria and Northern Cyprus showed slight growth, they wer...
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