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02 Apr
12:49

Kardemir quickly sells out billet at reduced prices

Turkish long steelmaker Kardemir has further decreased its rebar, wire rod and billet prices, while keeping pig iron prices unchanged in the domestic market, Kallanish notes. The steelmaker reduced its 12-32mm diameter rebar list price for its home market by TRY 28/tonne to TRY 2,515/t ($377/t) ex-works. In dollar terms, this has declined from the previous price of $393/t due to further depreciation of the lira. The price of 12-18mm diameter round bar was als…
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