TURKEY LONG STEEL: Buyers await effect of court decision on market direction

The Turkish domestic rebar and wire rod markets have remained soft over the past week because of the low levels of demand, sources said on Thursday October 11.

Fastmarkets’ weekly price assessment for domestic rebar in Turkey was TRY3,600-3,700 ($592-608) per tonne ex-works on Thursday, widening downward from last week’s TRY3,650-3,700 per tonne, including 18% VAT. The country’s domestic long steel prices are strongly connected to the lira-dollar...


Cem Turken

October 11, 2018

16:07 GMT