As per its new price list dated August 18, Turkish steel producer Kardemir also opened its billet sales. Accordingly, Kardemir has opened its sales for S235JR grade billets at the level of $350/mt ex-works, excluding VAT, and has also opened its sales for MT III-A grade billets at $355/mt ex-works, 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 July 28, the producer has increased its billet prices by $10/mt.