TURKEY LONG STEEL: Weaker lira pushes up domestic prices

Turkish domestic long steel prices increased over the past week in response to a weaker Turkish lira, sources said on Thursday January 14.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was 5,650-5,720 lira ($761-770) per tonne on Thursday, up from 5,500-5,700 lira per tonne of last week.

Mills in the Izmir and Iskenderun regions were offering rebar to their local...


Cem Turken

January 14, 2021

14:52 GMT