TURKEY LONG STEEL: Domestic prices rise on weaker lira

Domestic rebar and wire rod prices in Turkey continued to climb over the past week because of the weakening Turkish lira, sources told Fastmarkets on Thursday November 5.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 4,530-4,640 lira ($537-550) per tonne on Thursday, up from 4,450-4,500 lira per tonne last week. The increase followed a further decline in the value of the country’s currency, sources said. The Turkish...


Cem Turken

November 05, 2020

16:34 GMT