13
Oct
16:35
Turkish mills raise domestic rebar prices
Turkish long steelmakers have increased their prices of rebar sold in the domestic market as the lira continues to depreciate against the dollar, Kallanish notes.
Integrated longs maker Kardemir has lifted its rebar prices by TRY 37/tonne ($12/t) to TRY 1,172/t and TRY 1,189/t, respectively for its 12-32mm diameter rebar and 12-22mm round bar, effective 12 October. The move follows an increase by TRY 16/t on 29 September.
Kardemir has also raised its domestic…
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Very good overview of the weekly steel market.
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