In the morning of today, December 27, Turkey’s Kardemir increased its rebar price by TRY 250/mt ($13/mt) to TRY 12,350/mt ($661/mt) ex-works, excluding VAT, compared to its previous price list issued on Wednesday, December 21, and closed its rebar sales after a couple of hours. Kardemir’s rebar price was close to the lower end of the rebar price range which varied at $660-670/mt ex-works in the Marmara and Izmir regions yesterday. The supplier succeeded in selling around 20,000 mt.
$1 = TRY 18.69
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