Turkish domestic long steel prices drop further on poor demand

Turkish steel producers lowered their long steel offer prices for local clients over the past week due to sluggish demand, sources told Fastmarkets on Thursday November 3.

Local customers were offered rebar at 14,000-14,400 Turkish lira ($752-773) per tonne ex-works, including 18% VAT, by steel producers in the Izmir region. This would be equivalent to $637-656 per...