Turkish integrated steel producer Erdemir announced new base prices for all its flat products with a new price list issued on Wednesday, June 3.
Erdemir's last price list was issued on October 23, 2008. Since then Erdermir had continued its sales activity without announcing any further price list. Before the publication of its new list, Erdemir was selling HRC at the price level of $420/mt ex-works and CRC at $480/mt.
The new base prices effective for local sales as of June 3, 2009 are as follows:
Product | Base price |
HR KRKK, LR, LRKK products | $430/mt |
P&O | $430/mt |
Other HR products | $430/mt |
$580/mt | |
CR annealed | $480/mt |
$550/mt | |
Tin coil | $1,100/mt |
Tin sheet | $1,140/mt |