TURKEY LONG STEEL: Domestic prices rise on firm scrap costs

Domestic rebar and wire rod prices in Turkey have gone up over the past week amid increasing scrap costs, market sources said on Thursday December 10.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 5,200-5,250 lira ($664-671) per tonne on Thursday, up from last week’s 4,900-5,030 lira per tonne ex-works, including 18% VAT.

The mills in the country have raised their offers for...


Cem Turken

December 10, 2020

15:27 GMT