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18 Aug
10:53

Kardemir sharply reduces rebar prices

Kardemir published a new price list on Wednesday for rebar in its domestic market, Kallanish notes. Prices of 12-32mm diameter rebar for the domestic market decreased by TRY 350/tonne ($41.3/t) from the previous rebar price list issued on 11 August to TRY 5,625/t ($664/t). Prices for 36-40mm diameter rebar likewise declined to TRY 5,665/t. Prices quoted are ex-works and exclude 18% VAT. Kardemir closed rebar sales shortly after opening, selling almost 50,0…
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