24
Jun
12:25
Kardemir retains billet sales focus, foresees rebar surge
Kardemir plans to continue giving priority to billet sales over finished products in the third quarter, although it foresees a surge in rebar shipments. Overall sales are expected to grow 8% versus planned Q2 shipments to 647,000 tonnes.
The Turkish integrated steelmaker plans to sell 160,000t of rebar and 123,000t of wire rod in Q3, up 42% and 1% respectively on the Q2 target. Sections, including rail, sales are expected to remain unchanged at 108,000t.
Billet a…
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Anonymous
Very good overview of the weekly steel market.
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