Erdemir export tender results

The tender held on January 26, 2007, for the sale of Erdemir products has resulted in an increase in the prices of all product groups as compared to the previous tenders. Accordingly, the tender results are as follows:

HRC          $545/mt FOB for March/April shipments
CRC          $620/mt FOB for March/April shipments 
HRP          $620/mt FOB for March/April shipments
HDG          $820/mt FOB for March/April shipments 

The previous two tenders were concluded at $520/mt FOB and 525/mt FOB for HRC, and $610/mt FOB for CRC.