TURKEY LONG STEEL: Weakening lira leads to rise in domestic prices

Turkish domestic rebar and wire rod prices increased in the week to Thursday September 24 due to a weakening lira, with demand still only limited, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 4,100-4,120 lira ($534-536) per tonne, including 18% VAT, on Thursday September 24, up from 4,000-4,010 lira per tonne last week. Steel producers in the...

Published

Cem Turken

September 24, 2020

13:25 GMT

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