TURKEY LONG STEEL: Weak lira pushes up domestic prices

Domestic Turkish rebar and wire rod prices increased over the past week, mainly in as a result of the Turkish lira losing value against the US dollar, sources said on Thursday March 7.

Fastmarkets’ weekly price assessment for domestic rebar in Turkey was TRY3,100-3,150 ($573-583) per tonne ex-works on Thursday, up from the TRY2,950-3,050 per tonne of last week, including 18% VAT. The local rebar price...


Cem Turken

March 07, 2019

16:41 GMT