Kardemir hikes billet prices

According to the price list dated September 21, 2006, Turkish mill Kardemir has increased its local sales price for St 37 grade steel billets of 100 x 100 mm size by $4/mt to $456/mt+VAT, while the price of 150 x 150 mm material has been increased by $4/mt to $453/mt+VAT. The Turkish producer also announced that billet sales per firm will be a maximum of 2,000 tons and that total billet sales will amount to 20,000 tons. The producer's metallurgical coke, basic pig iron, and debar prices remain at their previous levels.