Turkish domestic steel rebar, wire rod prices weaken

Domestic prices for steel rebar and wire rod in Turkey have fallen over the past week due to sluggish demand and a worldwide decline in scrap and steel prices, market sources said on Thursday June 16.

In recent weeks, Turkish steelmakers have stayed away from the deep-sea steel scrap import markets, putting downward pressure on pricing.

Fastmarkets calculated its daily index for steel scrap, HMS 1&2...

Published

Cem Turken

June 16, 2022

14:27 GMT

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