07
Apr
15:43
Turkish rebar prices increase sharply
Turkish mills are heard to have increased their rebar quotes significantly in both the domestic and export markets, following the sharp increases seen in scrap prices.
Increasing scrap prices and the depreciation of the lira are driving the rebar market in Turkey. Rebar demand and prices have increased as a result of these two factors, with prices also supported by tightening supply due to mill closures.
Domestic rebar prices, which stood at TRY 2,960-3,020/tonne…
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Anonymous
Very good overview of the weekly steel market.
Anonymous