Kardemir closes its rebar sales

As of today, November 18, after selling approximately 35,000 mt Turkish steel producer Kardemir has closed its rebar sales, which it had opened on November 16 with a slight price increase.
 
As SteelOrbis previously reported, as per its new price list announced on November 16, Kardemir had opened its domestic sales for rebar, increasing its prices by TRY 7/mt ($3.9/mt) to TRY 1,147/mt ($631.5/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.
 
$1 = TRY 1.82