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14 May
11:26

Kardemir hikes domestic rebar, billet prices

Turkish integrated long steelmaker Kardemir has raised its domestic rebar prices and re-opened billet sales at higher prices last week, reflecting improved local demand, Kallanish notes. Kardemir's 12-32mm and 12-18mm diameter rebar is offered at TRY 1,712/tonne ($479/t) and TRY 1,729/t from 12 May, up by TRY 64/t from the previous, 9 May price list. The move follows an increase by TRY 25/t the week before.  Wire rod prices have also increased by TRY…
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