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27 Mar

Kardemir fails to reach previous billet sale volume

Kardemir published a new price list and opened domestic sales for billet on Wednesday, Kallanish notes. 150mm square billet was increased by $10/tonne to $555-565/t ex-works, excluding 20% VAT. This is compared to the previous list issued on 21 March. Kardemir's billet sales failed to reach the previous sales round’s volume of 55,000t, with 25,000t reported sold this time. The lira, which appreciated versus other currencies after Turkey's…
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