TURKEY LONG STEEL: Domestic prices rise with weakening lira

Turkish domestic long steel prices increased further over the past seven days in line with the weakening of the country’s lira against the US dollar, sources said on Thursday August 27.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 3,860-3,870 lira ($523-524) per tonne on Thursday, up from the 3,790-3,810 lira per tonne of last week.

The domestic rebar price in the Istanbul and Izmir...


Cem Turken

August 27, 2020

13:55 GMT