According to the official announcement made on September 9, 2008 by Turkish integrated steelmaker Erdemir, the mill has adjusted its sales prices for HR, CR and thick plate products in its list of excess stock materials, with immediate effect. The new prices will be sold without financing charges for only 31 days.
Product | Excess order materials ($/mt) | Change |
1,250 | - | |
HDG | 1,050 | - |
1,000 | -$40/mt | |
880 | -$40/mt | |
P&O | 880 | -$40/mt |
HRP | 960 | -$40/mt |
The above table also shows the extent of the decrease marked by Erdemir's new prices, which are effective as of today, compared to September 3.