TURKEY LONG STEEL: Prices up on weaker lira; demand firm

Turkish rebar and wire rod prices have continued higher over the past week due to a weakening lira against the dollar, while demand for the materials has also been improving, sources said.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was 3,180-3,230 lira ($517-525) per tonne on Thursday February 27, up from the 3,150-3,190 lira per tonne last week. The domestic rebar price in the Istanbul region was 3,230-3,270...

Published

Cem Turken

February 27, 2020

17:09 GMT

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