Turkish mill Kardemir revises domestic rebar sales prices

Wednesday, 23 January 2019 10:32:34 (GMT+3)   |   Istanbul
       

Turkish steel producer Kardemir has revised its domestic rebar sales prices as per its new price list dated today, January 23, having opened its rebar sales on December 18, 2018. Accordingly, Kardemir has revised its domestic sales prices for rebar to the level of TRY 2,416 TRY/mt ($452/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 price list issued on December 18, the producer's rebar prices have decreased by TRY 50/mt and prices on US dollar basis have moved down by $6/mt due to the fluctuation of the exchange rate.

$1 = TRY 5.34


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