15
Oct
01:00
Turkish producers reduce longs prices on softening raw materials, and demand
Turkish long steelmaker Kardemir has cut drastically its prices for domestic sales of bar, billet and bloom, in order to spur buying activity as raw materials prices continue to weaken, Kallanish learns.
The firm’s 12-22mm diameter round bar price is now at TRY 1,267/tonne ($558/t), down TRY 38/t ($17/t) on its previous price list issued on 24 September. Rebar of 12-32mm dia, meanwhile, has been reduced by the same amount to TRY 1,250/t. These prices a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous