TURKEY LONG STEEL: Prices falling on stronger lira, soft demand

November 30, 2018 / www.metalbulletin.com / Article Link

Turkish domestic rebar and wire rod prices have continued to decrease amid poor demand and a stronger lira, sources said on Thursday November 29.

Fastmarkets' weekly price assessment for domestic rebar in Turkey was TRY2,950-3,085 ($562-588) per tonne ex-works, including 18% VAT, compared with TRY3,080-3,220 per tonne of last week.A steel mill in the Izmir region was heard offering rebar to local...

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