TURKEY LONG STEEL: Mills continue to raise offers on strong scrap values

Turkish domestic long steel prices continue to be supported by increasing imported scrap costs but demand in the local market has weakened, sources said on Thursday December 24.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was 5,650-5,700 lira ($740-746) per tonne including 18% VAT on Thursday, up from the 5,550-5,650 lira per tonne last week.


Cem Turken

December 24, 2020

14:58 GMT