Erdemir announces price increase in the domestic market

Erdemir announces price increase in the domestic market

Effective from January 17, 2005, Turkish integrated flats steel producer Erdemir announced that it is increasing prices in the Turkish domestic market. According to this announcement, a price rise in the amount of $15/mt will be applied to all products. Hence the price of hot rolled steel sheets has reached $615/mt, cold rolled steel sheet increased to $705/mt and hot dipped galvanized to $735/mt. The full breakdown of new prices by product will be posted as soon as available.