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18 Oct
08:57

Kardemir sells 40,000t of billet at lower prices

Kardemir published a new price list and opened domestic sales for billet on Wednesday, Kallanish notes. 150mm square billet was decreased by $12/tonne from the low end and $17/t from the high end of the range to $520-525/tonne ex-works, excluding 18% VAT, from the previous list issued on 27 September. Kardemir sold 40,000 tonnes of billet in a couple of hours and then closed sales by noon on Wednesday. Both the imposition of an export tax by Russia and …
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