rebar - Latest news GMK Center

Duties apply to long products under codes 7213, 7214

In June, the number of companies that consider the market to be unpredictable increased

The company purchased and installed new lines for the production of rebar and its mesh

The duty rate is 10.6% of the net price of products

Turkish rebar remain competitive in foreign markets

Consumption in large economies is influenced by macroeconomic conditions

The enterprise can produce 1 million tons of high-strength rebar per year

Tariffs in the amount of 10% will be valid until October 12, 2025

Target rebar sales volumes are 141 thousand tons

Construction and assembly production in February 2023 increased by 6.6% y/y

Both prices and sales volumes are decreasing on the rebar market

In most world markets, except for the European one, prices for rebar are increasing at the beginning of March 2023