Today, May 27, Turkey’s Kardemir opened its billet sales and later closed them within a couple of hours after selling around 22,000 mt, sources report.
Accordingly, Kardemir set its billet offer prices at TRY 5,850/mt ($691/mt) ex-works for S235JR grade, while its S420-B420 grade billet was available at TRY 5,895/mt ($697/mt) ex-works. The above prices are TRY 930-935/mt ($93-94/mt) higher than the levels previously announced by the company on Wednesday, April 28 .
Prices exclude 18 percent VAT.
$1 = TRY 8.46
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