With its new price list dated December 18, 2009, Turkish steel producer Kardemir has revised its domestic sales prices for rebar.
Accordingly, Kardemir today opened its domestic sales for 12-22 mm diameter rebar at the price level of TRY 738/mt ($485/mt + VAT) ex-works and excluding 18 percent 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.
Kardemir's rebar prices were at the level of TRY 729/mt ex-works, excluding 18 percent VAT, in its price list dated December 15.