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01 Aug
14:35

Kardemir fails to attract rebar buyers despite reduction

Kardemir published a new price list and opened domestic sales for rebar on Thursday, Kallanish notes. Rebar in diameters of 12-32mm and 36-40mm was each decreased by TRY 50/tonne ($1.5) to TRY 19,500/t and TRY 19,650/t, respectively, from Kardemir’s previous list on 24 July. Prices quoted are ex-works and exclude 20% VAT. Although Kardemir kept its rebar sales open until the end of the business day, the sales volume is heard to have remained low,…
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