Turkish steelmaker Kardemir has opened and closed its local billet sales in the afternoon today, October 19. Its billet price was standing at $715/mt ex-works for S235JR grade, while S420-B420 grade billet was available at $720/mt ex-works. The supplier has increased its billet price by $95/mt compared to its previous list dated Tuesday, September 28. According to sources, the producer has succeeded in selling around 80,000-85,000 mt. In addition, Kardemir may start furnace maintenance works by the end of this month or in early November.
Prices exclude 18 percent VAT.