Turkish mill Kardemir opens its rebar sales

As per its new price list dated February 16, 2011, Turkish steel producer Kardemir has opened its domestic sales for rebar.
 
Accordingly, Kardemir has opened its domestic sales for 12-22 mm diameter rebar at the level of TRY 1,059/mt ($664/mt) ex-works, excluding VAT, for 1,000 mt and above orders, with 25 percent on cash payment basis, with 25 percent each on 30-day, 60-day and 90-day deferred payment basis, and with no interest accruing due to payment deferral. Compared to the previous price list issued on January 10, the producer's rebar prices have decreased by TRY 94/mt.
 
US$1 = TRY 1.596