13
Feb
14:59
Kardemir hikes rebar prices further
Kardemir has increased its 12-32mm diameter rebar price for the domestic market by a further TRY 142/tonne ($27) to TRY 2,716/t ($516.5) ex-works, Kallanish learns from the Turkish integrated steelmaker.
The increase follows Kardemir’s TRY 158/t hike last week, and has been driven mainly by a further rise in scrap prices, which earlier this week reached $333/t cfr Turkey for HMS 1&2 80:20. Turkish mills have, however, paused scrap bookings in recent da…
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Anonymous
Very good overview of the weekly steel market.
Anonymous