Today, November 30, Turkey’s Kardemir raised its rebar price by TRY 545/mt ($28/mt) to TRY 12,285/mt ($659/mt) ex-works, excluding VAT, compared to its previous price list issued on Tuesday, November 15. Kardemir’s rebar price is close to the lower end of the rebar price range which varies at $660-670/mt ex-works in the Marmara and Izmir regions. Kardemir has confirmed sales of around 22,000 mt of rebar.
$1 = TRY 18.64