06
Sep
14:24
Weak exports see Turkish producers prefer Kardemir billet
Kardemir published a new price list and opened domestic sales for billet on Wednesday, Kallanish notes.
150mm square billet was increased by $15/tonne to $525-535/t ex-works, excluding 18% VAT, from the previous list issued on 16 August.
Kardemir sold around 60,000 tonnes of billet in a few hours and then closed sales. Turkish re-rollers and some producers, who are struggling to sell in export markets, preferred Kardemir's billet to avoid billet imp…
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Anonymous
Very good overview of the weekly steel market.
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