Today, June 28, Turkey’s Kardemir announced its new rebar sales, after a long break.
The supplier opened its rebar sales today at TRY 10,255/mt ($617/mt) ex-works, excluding VAT. The rebar prices indicate a decrease of TRY 1,845/mt ($121/mt) compared to its previous list dated Tuesday, May 31. No tonnage is available for now. Some people say the producer’s rebar price is somewhat on the higher side amid the current market conditions. The latest rebar deals were concluded at $600/mt ex-works in the Izmir region. As a result, Kardemir’s rebar price is a little difficult to achieve for now.
$1 = TRY 16.62