As per its new price list dated November 21, Turkish steel producer
Kardemir has opened its
billet sales. Accordingly,
Kardemir has opened its sales for S235JR grade (St37) billets at the level of $415/mt ex-works, excluding VAT, and has also opened its sales for MT III-A grade billets at $420/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 October 14, the producer has reduced its
billet prices by $70/mt.