Turkish integrated steel producer Erdemir announced a price increase of $10-35/mt for all of its products, including hot rolled products, cold rolled products, galvanized sheets, and plates, except for tin sheet/coil. Moreover, the mill cancelled the 3 percent discount for at sight prices. The new base prices effective for local sales as of April 1, 2006 are as follows:
Product Base Price Extras HR coil $550/mt $15/mt (2.00 mm x 1000 mm x C) HR sheet $550/mt $25/mt (2.00 mm x 1000 mm x S) HR plate $550/mt CR coil $630/mt $40/mt (0.50 mm x 1000 mm x C) CR sheet $630/mt $60/mt (0.50 mm x 1000 mm x S) Galvanized $695/mt $155/mt(275 g/sqm coated–0.50 x 1000 mm) Tin coil $860/mt Tin sheet $885/mt