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 except for tinplate. The price increase applied to tinplate is in the amount of $20/mt. Following is the further detailed price list with related extras. Pricing for base prices and extras are as follows:Product Base Price Extra HR coil $615/mt $15/mt (2.00 mm x 1000 mm x C) HR sheet $615/mt $25/mt (2.00 mm x 1000 mm x S) HR plate $645/mt CR coil $705/mt $40/mt (0.50 mm x 1000 mm x C) CR sheet $705/mt $60/mt (0.50 mm x 1000 mm x S) Galvanized $735/mt $120/mt(275 g/sqm coated–0.50 x 1000 mm) Tin coil $760/mt Tin sheet $780/mt