Turkish domestic steel rebar, wire rod prices continue to surge

Domestic long steel prices in Turkey have soared over the past week as a result of rising imported scrap costs, but demand for the material has begun to cool, sources told Fastmarkets on Thursday January 12.

Long steelmakers in Turkey expressed strong interest in purchasing scrap from deep-sea sources to replenish their inventories last week.

Fastmarkets’ daily index for steel scrap HMS 1&2 (80:20 mix) United...

Published

Cem Turken

January 12, 2023

17:09 GMT

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