As per its new price list dated June 17, Turkish steel producer
Kardemir has opened its domestic
billet sales. Accordingly,
Kardemir has opened its sales for S235JR grade (St37) billets at the level of $512/mt ex-works, excluding VAT, and has also opened its sales for MT III-A grade billets at $517/mt ex-works, excluding VAT, with 50 percent on cash payment basis, with 50 percent on 45-day deferred payment basis, and with no interest accruing due to payment deferral. Compared to the price list issued on April 25, the producer has decreased its
billet prices by $15/mt.