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23 Jul
13:24

Kardemir further lowers domestic rebar price

Kardemir has reduced its 12-32mm diameter rebar prices for the domestic market by TRY 66/tonne ($12) to TRY 2,624/t ($461) ex-works, excluding 18% VAT. The integrated steelmaker has also lowered its 12-18mm dia round bar prices by the same amount to TRY 2,641/t. Wire rod prices remain at TRY 2,890-2,970/t, with square billet still at TRY 2,351-2,530/t and bloom staying at TRY 2,915/t. Pig iron prices, however, have been reduced by TRY 20/t to TRY 2,080-2,2…
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