TURKEY LONG STEEL: Rising scrap costs and weak lira push up Turkish domestic long steel prices

Turkish domestic rebar and wire rod prices have continued to increase in line with rising imported scrap values and the weakening lira, sources said on Thursday November 23.

Metal Bulletin’s weekly price assessment for domestic rebar was $535-545 per tonne ex-works, up from $530-535 per tonne. The domestic rebar price in the Izmir and Iskenderun region was $545-550 per tonne ex-works, while in the Istanbul region it was $535-570 per tonne. Major long steel mill...

Published

Cem Turken

November 23, 2017

19:43 GMT

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