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26 Mar
09:29

Kardemir rebar prices fall below “…psychological threshold”

Turkish long steelmaker Kardemir has further decreased its steel product prices in the domestic market, Kallanish notes. With the new price list, rebar has dropped below $400/tonne, which is considered a psychological threshold. The steelmaker reduced its 12-32mm diameter rebar list price for its home market by TRY 97/t to TRY 2,543/t ($393/t) ex-works. In dollar terms this has declined from the previous price of $428.5/t. The price of 12-18mm diameter r…
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