Increase in billet prices by Kardemir

Increase in billet prices by Kardemir

Turkish integrated long products producer Kardemir hiked its sales prices of billets for the local market. The new prices of billets, effective as of January 2, 2004 are as follows:

Grade                 Price(+VAT)
St 37                  $359/mt
III-A                  $360/mt
SAE 1010               $375/mt
SAE 1020-1030-1040     $380/mt