Turkish mill Kardemir closes its wire rod sale

Monday, 16 December 2019 15:16:07 (GMT+3)   |   Istanbul

Turkish integrated steel mill Kardemir has closed its domestic wire rod sales prices as of today, December 16, having opened its sales of 5.5 mm 1008-1010 grade wire rod at TRY 2,820/mt ($486/mt) ex-works, excluding 18 percent VAT, on December 11. Kardemir’s sales price today was at TRY 2,820/mt ($483/mt), down $3/mt on dollar basis due to fluctuation of the exchange rate, while the tonnages sold have been disclosed.

$1 = TRY 5.84

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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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.

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