Rebar prices in Turkey fall on lira appreciation, low demand

摘要

Turkish mills' and stockist continued to pull down their lira-denominated list prices forrebar Wednesday, due to the ongoing Turkish lira appreciation against the US dollar andlow demand. Mills' new list prices, however, were only slight lower on a dollar basis.The Turkish lira gained around 3.5% value against the dollar in a week and currenciesbegan trading in the range of Lira 5.52-5.53/$1 range on the last day of July, compared toLira 5.71-5.72/$1 range on July 24, Wednesday.