TURKEY LONG STEEL: Increasing feedstock costs support domestic prices higher

Turkish domestic long steel prices continued to climb up over the past seven days to Thursday December 17 on the back of improving scrap costs.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was $5,550-5,650 lira ($711-724) per tonne on Thursday, up from the last week’s 5,200-5,250 lira per tonne, including 18% VAT.


Cem Turken

December 17, 2020

15:45 GMT