Today, August 5, Turkey’s Kardemir has closed its rebar sales, which it had opened at TRY 19,500/mt ($588/mt), excluding VAT, on Thursday, August 1.
The mill's rebar price was close to the lower end of the workable rebar prices in the Marmara and Izmir regions which vary at $585-600/mt ex-works.
Kardemir has succeeded in selling around 23,500 mt of rebar with its advantegous payment terms, SteelOrbis has heard.