TURKEY LONG STEEL: Domestic prices rise because of lira weakness

May 03, 2019 / www.metalbulletin.com / Article Link

Domestic long steel prices have gone up in Turkey over the past week but only because the country's lira has continued to weaken against the US dollar, sources said on Thursday May 2.

Fastmarkets' weekly price assessment on Thursday for domestic rebar in Turkey was TRY3,300-3,350 ($553-562) per tonne ex-works, including 18% VAT, up from the TRY3,240-3,340 per tonne of last week.The local rebar price in the...

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