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15 Dec
00:00

Turkish mills hike domestic rebar again on stronger scrap, dollar

Turkish long steelmakers have increased their bar prices for domestic sales. This comes after scrap and billet prices rose and the dollar strengthened further against the lira, Kallanish learns. Re-stocking activity has also spurred a slight demand increase. For the third consecutive week Kardemir increased its 12-22mm diameter round bar price, up TRY 50/tonne ($21/t) to TRY 1,203/t ($515, )from its previous price list issued on 9 December. Rebar of 12-…
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