Turkish steelmaker Kardemir has opened a new sales round for rebar, according to its latest price list.
The company offered 12-32 mm rebar at TRY 24,450 (USD 576) per ton EXW, up from TRY 23,500 per ton earlier this month.
Market sources said Kardemir closed sales later in the day after selling significant volumes.
Founded in 1937, Kardemir is a major steel player in Turkey with a production capacity of 3.5 mln tons per year. The company produces blooms, billets, rebars, wire rods, profiles along with other steel products. The company’s production facilities are located in Karabuk.
1 USD / 42.43 TRY
