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25 Dec
14:33

Kardemir unexpectedly opens sales

Kardemir published a new price list and opened sales for rebar, wire rod and billet in its domestic market on 25 December. This took market participants by surprise, Kallanish notes. Prices of 12-32mm diameter rebar for the domestic market are up by TRY 630/tonne ($83.4) from its previous price list issued on 25 November to TRY 4,790/t ($634). Prices for 5.5-56mm diameter wire rod have risen by TRY 530/t from its previous price list issued on 8 December to T…
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