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12 Oct
13:52

Kardemir fails to shift rebar amid weak sentiment

Kardemir published a new price list and opened sales for rebar on Thursday, Kallanish notes. Rebar in diameters of 12-32mm and 36-40mm was each increased by TRY 250/tonne ($9/t) to TRY 16,200/t and TRY 16,290/t, respectively, versus Kardemir’s previous list on 28 September. Prices quoted are ex-works and exclude 18% VAT. Despite offering deferred payment, Kardemir failed to shift rebar volumes as its prices remained above market ex…
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