Turkish mill Kardemir adjusts billet prices upwards

Tuesday, 01 November 2011 10:06:23 (GMT+3)   |  
       

On the morning of November 1, Kardemir opened its sales for S235JR grade (St37) billets of 130 mm x 130 mm x 6-12 m size at the level of $602/mt ex-works, excluding VAT, and also opened its sales for MT III-A grade billets of the same size at the level of $607/mt ex-works, excluding VAT. Compared to the previous price list, the new billet prices have increased by $17/mt.
 
According to its new sales terms, Kardemir will sell steel billet with 50 percent to be paid immediately in cash and with 50 percent to be paid in the form of a 45-day post-dated certified check or a company check with warranty letter, with no added interest.

Similar articles

No halt to downtrend in SE Asia’s import billet market, more traders going short

28 Mar | Longs and Billet

Ex-Asia billet offers become more affordable in Turkey, market slightly optimistic

27 Mar | Longs and Billet

Ex-India billet prices stable, but buyers try to push below $490/mt FOB

27 Mar | Longs and Billet

Ex-ASEAN billet sales continue at low prices, China turns negative again

26 Mar | Longs and Billet

Global View on Billet: Better sentiments, suppliers fail to achieve higher deal prices so far

22 Mar | Longs and Billet

Turkey’s Kardemir issues planned sales volumes for April-June

22 Mar | Steel News

Import billet prices in SE Asia hit new low, trend reversal anticipated

21 Mar | Longs and Billet

Domestic billet sales livelier in Turkey, import price range narrows amid limited allocation

21 Mar | Longs and Billet

Ex-India billet sellers ready to accept lower prices to push sales amid weak local conditions

20 Mar | Longs and Billet

India’s RINL floats export tender for 30,000 mt billet for end-April shipment

20 Mar | Longs and Billet