TURKEY LONG STEEL: Domestic rebar prices up on lira weakness

Turkish domestic prices for steel rebar have increased due to the weakening value of the lira against the US dollar over the past seven days, despite the softness of current demand, sources said on Thursday August 22.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was TRY2,970-3,030 ($519-529) per tonne on Thursday, up from last week’s TRY2,920-2,970 per tonne. The domestic price for rebar in the Izmir region was TRY3,000-3,040 per tonne, while the Istanbul region price was around $3,030 per tonne ex-works. The...

Published

Cem Turken

August 22, 2019

16:15 GMT

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