TURKEY LONG STEEL: Domestic prices up on costlier scrap, demand still soft

February 15, 2019 / www.metalbulletin.com / Article Link

Turkish domestic rebar and wire rod prices have gone up in line with increasing scrap costs over the past week, while demand remained sluggish, sources said on Thursday February 14.

Fastmarkets' weekly price assessment for domestic rebar in Turkey was TRY3,180-3,250 ($604-618) per tonne ex-works, including 18% VAT, on February 14 up from the TRY3,079-3,150 per tonne last week.The local rebar price in the Izmir region was TRY3,180-3,220 per tonne ex-works, while the Istanbul...

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