As per its new price list dated today January 19, Turkish steel producer Kardemir has revised its billet prices downwards. Accordingly, the mill has determined its sales prices for S235JR grade billets at the level of $275/mt ex-works and for MT III-A grade billets at $280/mt ex-works, both excluding VAT, with 25 percent on cash payment basis and with 25 percent each on 30-day, 60-day and 90-day deferred payment basis, and with no interest accruing due to payment deferral. Compared to the price list issued on December 25, the producer has reduced its billet prices by $12/mt.