TURKEY LONG STEEL: Domestic prices down on stronger lira

Domestic long steel prices in the Turkish market have retreated slightly over the past week on the back of a strengthening lira against the US dollar, sources said on Thursday October 24.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was TRY2,850-2,910 ($494-505) per tonne on Thursday, down from last week’s TRY2,880-2,950 per tonne, including 18% VAT. Domestic rebar prices in the Izmir, Istanbul and Karabük...

Published

Cem Turken

October 24, 2019

15:45 GMT

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