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05 Jan
09:03

Kardemir finds good rebar demand amid skyrocketing scrap

Kardemir published a new price list and opened sales for rebar on Thursday, Kallanish notes. Rebar in diameters of 12-32mm and 36-40mm were each increased by TRY 725/tonne ($38.6/t) to TRY 13,075/t and TRY 13,165/t, respectively, versus Kardemir’s previous list on 27 December. Prices quoted are ex-works and exclude 18% VAT. Kardemir managed to attract volumes as it offered competitive prices. It closed sales in an hour after s…
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