According to the price list dated December 18, 2012, Turkish steel producer Kardemir has announced its basic pig iron and hematite pig iron prices for local sales.
Accordingly, the producer's local sales price of H1 is standing at $485/mt + VAT, while its H2 price is at $475/mt + VAT. Meanwhile, Kardemir's local sales price of C1 is at $435/mt + VAT, while its C2 price is standing at $420/mt + VAT. The products are offered for 250 mt and above orders, with 25 percent on cash payment basis, with 25 percent each on 30-day, 60-day and 90-day deferred payment basis, and with no interest accruing due to payment deferral.
Basic and hematite pig iron prices have decreased by $20/mt as compared to Kardemir's previous price list dated November 8.