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11 Aug
09:37

Kardemir sells out within hours despite price surge

Kardemir has increased its 12-32mm diameter rebar prices for the domestic market by TRY 290/tonne ($40) from its previous price list issued on 21 July to TRY 3,280/t ($450), Kallanish learns from the Turkish steelmaker. The price of 12-18mm diameter round bar was also hiked by TRY 290/t to TRY 3,297/t. Prices for 5.5-56mm diameter wire rod have risen by TRY 410/t to TRY 3,630-3,785/t. Billet prices were hiked by a mammoth TRY 435/t to TRY 2,975-3,115/t, whi…
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