16
Oct
16:59
Kardemir finds buyers following rebar, billet price reduction
Kardemir has reduced its 12-32mm diameter rebar price for the domestic market by a whopping TRY 315/tonne ($55) from its previous, 27 September price list. It is now TRY 2,865/t (500.6) ex-works, Kallanish learns from the Turkish integrated steelmaker.
Demand in Turkey’s domestic rebar market remains weak due to the country’s precarious economic situation. At least the lira strengthened to just above TRY 5.7 per dollar at Tuesday close however, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous