TURKEY LONG STEEL: Domestic prices rise with weakening lira

Domestic rebar and wire rod prices have continued to increase over the past week because of a weakening lira against the US dollar, sources said on Thursday October 1.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey was 4,150-4,200 lira ($535-541) per tonne on Thursday, up from 4,100-4,120 lira per tonne last week.

Steel mills in the Istanbul region were...


Cem Turken

October 01, 2020

15:25 GMT