Kardemir’s billet sales start to attract attention

On July 2, Turkish steel mill Kardemir had opened its billet sales in the domestic market by increasing its prices by $7/mt, though the sales failed to attract demand. However, Kardemir's billet sales have now started to attract attention in line with recent developments such as the revival of the Turkish long steel market and increases in prices of long steel. Accordingly, Kardemir has received orders totaling 10,000 mt 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.