27
Sep
11:59
Kardemir sells 45,000t of billet despite higher prices
Kardemir published a new price list and opened domestic sales for billet on Wednesday, Kallanish notes.
150mm square billet was increased by $7/tonne to $532-542/t ex-works, excluding 18% VAT, from the previous list issued on 6 September.
Kardemir sold 45,000 tonnes of billet in a couple of hours and then closed sales by noon. Both the imposition of export tax by Russia and the fact that goods produced from Russian material will not be sold to the EU pr…
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Anonymous
Very good overview of the weekly steel market.
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