As per its new price list dated today, May 3, Turkish steel producer
Kardemir has revised its
billet prices upwards. Accordingly, the mill opened its sales for S235JR grade billets at the level of $445/mt ex-works and for MT III-A grade billets at $450/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 April 21, the producer has increased its
billet prices by around $20/mt.