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18 Jan

Kardemir opens billet, rod sales, struggles to sell

Kardemir published a new price list and opened sales for billet and wire rod on Wednesday, Kallanish notes. 150mm square billet price was increased by $8/tonne from the previous list issued on 4 January to $635-640/t. Prices for 5.5-56mm diameter wire rod have decreased by $20/t from the high end of the range to $710-750/t, from Kardemir's previous list on 4 January. Prices quoted are ex-works and exclude 18% VAT. Kardemir sold around 20,000 …
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