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23 Jul
09:26

Kardemir raises longs prices as scrap continues rebound

Kardemir has increased its 12-32mm diameter rebar prices for the domestic market by TRY 120/tonne ($18) from its previous price list issued two weeks ago to TRY 2,990/t ($437), Kallanish learns from the Turkish steelmaker. The price of 12-18mm diameter round bar was also hiked by TRY 120/t to TRY 3,007/t. Prices for 5.5-56mm diameter wire rod have risen by TRY 140/t to TRY 3,220-3,375/t. Billet and bloom prices remain unchanged at TRY 2,540-2,715/t and TRY…
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