TURKEY LONG STEEL: Domestic prices inch down on slow demand, firming lira

May 31, 2019 / www.metalbulletin.com / Article Link

Turkish domestic long steel markets remained quiet ahead of a week-long public holiday and due to a strengthening lira, which made buying more expensive, sources said on Thursday May 30.

Fastmarkets' weekly price assessment for domestic rebar in Turkey was TRY3,330-3,400 ($553-564) per tonne ex-works, narrowing downward from last week's TRY3,330-3,420 per tonne. The domestic rebar price in the Izmir region was TRY3,400-3,440 per tonne, while the Istanbul-region price was TRY3400-3,450 per tonne ex-works. Meanwhile, the price in the Karab? 1/4 k region was TRY3,350-3,400...

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