TURKEY LONG STEEL: Prices down on weakening lira, scrap values

Turkish domestic rebar and wire rod prices have gone down over the past week while the value of the country’s lira weakens and scrap costs fall, sources said on Thursday July 12.

Metal Bulletin’s weekly price assessment for domestic rebar was $535-550 per tonne ex-works, down from last week’s $550-560 per tonne. The domestic rebar price in the Istanbul region was $550-560 per tonne ex-works on Thursday, while the Iskenderun region price...


Cem Turken

July 12, 2018

16:16 GMT