As per its new price list dated November 21, Turkish steel producer
Kardemir has opened its domestic
rebar sales. Accordingly,
Kardemir has opened its domestic sales for
rebar at the level of TRY 1,300.36/mt ($586/mt) ex-works, excluding VAT, for 1,000 mt and above orders, with 25 percent on cash payment basis, with 25 percent each on 30-day, 60-day and 90-day deferred payment basis, and with no interest accruing due to payment deferral. Compared to the price list issued on November 5, the producer's
rebar prices have declined by TRY 70/mt ($32/mt).
$1 = TRY 2.22