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07 Feb
15:00

Kardemir reduces domestic rebar prices

Turkey's Kardemir has re-opened its domestic sales with a cut in long steel prices, while billet sales remained closed, as import scrap prices dropped late last week, notes Kallanish. The intergated long steelmaker's 12-32mm ribbed rebar and 12-18mm round rebar is now offered at TRY 2,161/tonne ($571/t) and TRY 2,178/t, effective 7 February, each down TRY 34/t. In the second half of January, Kardemir raised its domestic rebar prices by TRY 25/t each. …
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