TURKEY LONG STEEL: Domestic prices slip on weak demand, stronger lira

August 21, 2020 / www.metalbulletin.com / Article Link

Domestic long steel prices have gone down in Turkey over the past week in line with poor demand and a slight recovery in the Turkish currency, sources said on Thursday August 20.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 3,790-3,810 ($516-519) per tonne on Thursday, slightly down from the 3,810-3,870 lira per tonne of last week.

The steel mills in the Istanbul region were offering...

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