Today, December 8, Turkey’s Kardemir has increased its rebar price by TRY 240/mt ($13/mt) to TRY 12,525/mt ($672/mt) ex-works, excluding VAT, compared to its previous price list issued on Wednesday, November 30. Kardemir’s rebar price is close to the lower end of the rebar price range which varies at $680-690/mt ex-works in the Marmara and Izmir regions. Most local traders' inventories are at medium or high levels. As a result, no fresh rebar sale has heard so far.
$1 = TRY 18.65
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.
Deformed Bar
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