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21 Jun
13:19

Turkey’s Kardemir decreases billet, rod prices

Turkish long steel producer Kardemir opened billet and wire rod sales on Wednesday at lower dollar-denominated prices, Kallanish notes. According to the company's new price list, 150mm square billet decreased by $25/tonne to $575-580/t, compared to the previous list issued on 14 June at $600-605/t. Prices quoted are ex-works and exclude 18% VAT. Wire rod of 6-27mm diameter was offered at $655/t for SAE 1006 and $645/t for SAE 1008-1010 grades, while 5.5…
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