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02 Aug

Kardemir reduces domestic longs, billet prices further

Kardemir has reduced prices of rebar, wire rod and billet for the domestic market in its new price list published on 2 August, Kallanish notes. Compared to the firm’s previous price list issued on 26 July, rebar has been lowered by TRY 815/tonne ($45) to TRY 10,955/t ($610) for 12-32mm diameter and TRY 11,045/t for 36-40mm dia. 5.5-56mm dia wire rod prices have been slashed by $55/t to $620-685/t. 150mm square billet has meanwhile been cut by $60/t to $570…
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