Turkey’s Kardemir, having opened its rebar sales at TRY 12,575/mt ex-works, excluding VAT, on September 9, closed its rebar sales earlier today, September 22, with the mill’s rebar price on US dollar basis standing at $684/mt ex-works at the current exchange rate. According to sources, the mill succeeded in selling around 30,000 mt of rebar amid advantageous payment terms and rapid currency fluctuations. Currently, most Turkish mills are offering rebar at $700/mt ex-works, including Icdas A.S.
$1 = TRY 18.38
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