Turkish Rebar Prices Decline Amidst Soft Demand in April

Post Views: 357 Rebar Rebar prices in Turkey saw a notable decline in the second half of April, dropping from $570/mt to $537/mt EXW. Despite efforts from major producers like Kardemir to increase prices, the market remained sluggish, reflecting the broader trend of falling scrap costs and weak demand.   Price Trend in Turkey and Key Factors Between April 11 and 25, rebar offers in Turkey fell by $33 per metric ton, signaling a bearish trend in the market. Producers attempted to push prices higher, but there was limited buyer interest. For instance, Kardemir raised its rebar prices by $7 ...