Kardemir, the largest steel long product maker in Turkey announced to raise its bar prices due to rising scrap prices and increasing demand in local market.
The company's new prices for round bar and rebar increased by TRY24/ton to TRY 1,109/ton and TRY1, 092/ton respectively, effective from January 4th.
Meanwhile, Karmedir remained its sales prices for billet and bloom unchanged.