Kardemir closes its rebar sales - week 15

As of today, April 9, after selling about 18,000 mt, Turkish steel producer Kardemir has closed its rebar sales, which it had opened on March 9 with an increase of TRY 8/mt ($4/mt).
 
As SteelOrbis previously reported, as per its new price list announced on March 9, Kardemir had opened its domestic sales for rebar at TRY 1,246/mt ($692/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 1.80