Today, October 20, Turkey’s Kardemir has cut its rebar price by TRY 195/mt ($10/mt) to TRY 12,545/mt ($675/mt) ex-works, excluding VAT, compared to its previous price list issued on Tuesday, October 18. Kardemir’s rebar price is slightly below the offical rebar price range in the Marmara region recorded at $685-690/mt ex-works yesterday. Around 30,000 mt of rebar sale has heard for now.
$1 = TRY 18.59