TURKEY LONG STEEL: Domestic prices up on improving scrap values

July 24, 2020 / www.metalbulletin.com / Article Link

Domestic long steel prices in Turkey have increased over the past seven days because of the recent upturn in steel scrap values, sources said on Thursday July 23.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was 3,490-3,520 lira ($510-515) per tonne on Thursday, up from 3,400-3,480 lira per tonne, including 18% VAT, week on week.

Mills were encouraged to increase their offers after...

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