18
Oct
14:03
Kardemir fails to sell longs above market prices
Kardemir opened sales for rebar and wire rod in its domestic market on 18 October, Kallanish notes.
Rebar in diameters of 12-32mm and 36-40mm was each decreased by TRY 250/tonne ($13.4/t) to TRY 12,740/t ($685/t) and TRY 12,830/t ($690/t) respectively, versus Kardemir’s previous list on 5 October.
Prices for 5.5-56mm diameter wire rod were meanwhile decreased by $22/t to $695-760/t, from Kardemir's list on 5 October.
Prices quoted a…
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Anonymous
Very good overview of the weekly steel market.
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