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02 Aug

Kardemir shifts satisfactory billet volume

Kardemir published a new price list and opened domestic sales for billet on Wednesday, Kallanish notes. 150mm square billet was decreased by $15/tonne from the previous list issued on 12 July to $510-515/t ex-works, excluding 18% VAT. Kardemir sold more than 40,000 tonnes in a few hours and closed sales at noon on Wednesday. Although its billet prices were higher compared to market expectations, its offering of a deferred payment option appealed to cust…
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Burcak Alpman  |  Turkey
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