Weak lira continues to push up domestic long steel prices in Turkey

Domestic long steel prices in Turkey continued to increase in the week ended Thursday January 13 due to a depreciation in the country’s currency, sources told Fastmarkets.

The Turkish currency was trading at around 13.5683 lira to $1 on January 13, compared with 12.9778 lira to $1 on January 1 and 10.1026 lira to $1 on December...


Cem Turken

January 13, 2022

14:55 GMT