TURKEY LONG STEEL: Prices slip in markets halted by Covid-19

Domestic rebar and wire rod prices in Turkey have gone down over the past week due to a complete absence of demand resulting from the Covid-19 pandemic, sources said on Thursday March 26.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 2,950-3,030 Turkish lira ($458-471) per tonne on Thursday, down from the 3,100-3,150 lira per tonne of last week.

With the spread of the coronavirus outbreak in Turkey, scrap prices have crashed and trade...


Cem Turken

March 26, 2020

14:55 GMT