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03 Mar
11:59

Kardemir issues new prices but faces weak demand

Turkish long steelmaker Kardemir has kept rebar prices stable while increasing its wire rod, pig iron, and semi-finished steel product prices in the Turkish domestic market, Kallanish notes. The steelmaker has kept its 12-32mm diameter rebar list price for its home market unchanged at TRY 2,677/tonne ($434/t) ex-works. However, in dollar terms they have declined from $441/t to $433/t ex-works due to the further depreciation of the lira. The price of 12-1…
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