Today, August 25, Turkey’s Kardemir opened its domestic billet sales after a long break at $638/mt ex-works for S235JR grade, while its S420-B420 grade billet was available at $643/mt ex-works. The producer closed its billet sales later on the same day. The announced price level was somewhat lower than what was initially expected by the market, and so the mill sold around 25,500 mt of billet.
Other billet sellers in Turkey are offering $630-635/mt ex-works in the Iskenderun region and at around $640/mt ex-works in Izmir.
Prices exclude 18 percent VAT.