As per its new price list dated today, June 30, Turkish steel producer Kardemir has revised its
billet prices downwards. Accordingly, the mill opened its sales for S235JR grade billets at the level of $360/mt ex-works and for MT III-A grade billets at $365/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 May 3, the producer has decreased its
billet prices by around $85/mt.