Today, October 18, Turkey’s Kardemir opened its rebar sales, cutting its rebar price by TRY 250/mt ($15/mt) to TRY 12,740/mt ($685/mt) ex-works, excluding VAT, compared to its previous price list issued on Wednesday, October 5. Kardemir’s rebar price is slightly below that of local Turkish producer Icdas, which had issued its new rebar list price yesterday.
$1 = TRY 18.59