TURKEY LONG STEEL: Stronger lira pushes domestic prices down

November 02, 2018 / www.metalbulletin.com / Article Link

Turkish domestic rebar and wire rod prices went down this week because the value of the country's lira strengthened against the dollar, even though demand remained moderate, sources said on Thursday November 1.

Fastmarkets' weekly price assessment for domestic rebar on Thursday was TRY3,300-3,450 ($596-623) per tonne ex-works, including 18% VAT, down from last week's TRY3,380-3,520 per tonne.The local rebar price in the Izmir and Iskenderun...

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