Turkish longs market starts the week with price hikes

摘要

The Turkish longs market has started the week with mill and stockist price hikes, amid thesharp depreciation seen in Turkish lira in recent days and strong scrap costs.Some Turkish mills and stockists pulled up their lira-denominated domestic rebar offerprices on the first trading day of the week. Their new offer prices, however, were relativelyflat week on week on a dollar basis, amid subdued domestic market ahead of the municipalelections at the end of the week.