Turkish producer Kardemir opened its local billet sales today, February 3, and closed them after a couple of hours. Kardemir succeeded in selling around 85,000 mt in total.
Kardemir’s price was at $678/mt ex-works for S235JR grade, while its S420-B420 grade billet was available at $683/mt ex-works. Last week, billet deals in the Iskenderun region were transacted at $670-675/mt ex-works, followed by sales this week at $680-690/mt ex-works and up to $700/mt ex-works in the latest unconfirmed transaction. Billet offers in the Marmara and Izmir regions are rare and are at $700/mt ex-works, SteelOrbis has learned.
Prices exclude 18 percent VAT.
.jpeg)