TURKEY LONG STEEL: Stronger lira sends prices down

By Cem Turken / June 07, 2018 / www.metalbulletin.com / Article Link

Domestic rebar and wire rod prices in Turkey have weakened on a US dollar basis due to the strengthening Turkish lira over the past week, sources said on Thursday June 7.

Metal Bulletin's weekly price assessment for domestic rebar was $540-555 per tonne ex-works on June 7, down from $550-565 per tonne last week on May 31.The lira was trading at TRY100 to $21.83 on June 7, up...

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