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26 Jul
12:38

Kardemir fails to shift volumes at higher-than-expected prices

Kardemir published a new price list and opened sales for billet, rebar and wire rod in its domestic market on Tuesday, Kallanish notes. Variety 150mm square, 6-12m-long billet prices were decreased by $45/tonne from the previous price list issued on 19 July to $630-635/t. Rebar in diameters of 12-32mm and 36-40mm were each decreased by TRY 730-735/t ($40.9-41.1/t) to TRY 11,770/t ($659/t) and TRY 11,860/t ($664/t) respectively, versus Kar…
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