rebar prices - Latest news GMK Center

Despite the overall upturn, the Turkish market showed minimal growth against a backdrop of weak demand

Spending remains the main driver of growth

Steel mills raised their prices by $30 per ton amid market activity and adjustments to delivery terms

The company is responding to weak demand, Chinese dumping, and expectations of tighter EU market protection

Some manufacturers even temporarily suspended sales to avoid operating at a loss

Domestic demand for steel in the country remains subdued

Turkish producers are trying to stimulate demand through discounts

From March, prices for this product will increase by $50/t

Turkish suppliers note weak demand in export markets

High scrap prices leave no room for Turkish producers to lower their offers

Demand on the European market is supported by infrastructure projects

Turkish producers are trying to pass on rising production costs to the price