Turkish integrated steel producer Erdemir announced a new price list on May 16, 2007, in which it hiked the local prices of all its products, except for galvanized materials.
According to Erdemir's new price list, the prices of all products (except for galvanized material) have been increased by $20/mt. The price of the producer's galvanized products remains at the level of the previous list.
The new base prices effective for local sales as of May 16, 2007, are as follows:
Product | Base Price |
HR KRKK, LR, LRKK products | $690/mt |
HR pickled & oiled | $690/mt |
Other HR products | $690/mt |
$720/mt | |
CR annealed | $750/mt |
CR Full Hard | $725/mt |
$840/mt | |
Tin coil | $870/mt |
Tin sheet | $895/mt |