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14 Feb

Kardemir struggles to sell rebar amid weak sentiment

Kardemir published a new price list and opened domestic sales for rebar and sections on Wednesday, Kallanish notes. Rebar in diameters of 12-32mm and 36-40mm were each increased by TRY 335/tonne ($10.8/t) to TRY 19,500/t and TRY 19,650/t, respectively, versus Kardemir’s previous list on 1 February. Sections prices, meanwhile, have been pegged at $700-905/t. Prices quoted are ex-works and exclude 18% VAT. Kardemir struggled to close reb…
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