TURKEY LONG STEEL: Local rebar, wire rod prices rise as lira sinks

Domestic rebar and wire rod prices in Turkey have continued to increase in response to the weakening of the country’s lira, while demand for the products was still very sluggish, sources said on Thursday May 9.

Fastmarkets’ weekly price assessment on Thursday for domestic rebar in Turkey was TRY3,330-3,420 ($539-553) per tonne ex-works, including 18% VAT. This was up from the TRY3,300-3,350 per tonne of last week. The domestic rebar price in...


Cem Turken

May 09, 2019

14:40 GMT