Kardemir closes its billet sales

Turkish steel mill Kardemir' billet sales, which were opened on July 2, started to attract attention on the morning of today, August 7 in light of the revival of the Turkish long steel market and increases in prices of long steel. Kardemir has now closed its billet sales after receiving orders totaling 46,500 mt, with orders for 18,000 mt received this morning, for its billets which are priced at $577/mt + VAT for S235JR grade (St37) billet of 130 mm x 130 mm x 6-12 mm size and at $582/mt + VAT for MT III-A grade billets of the same size.