Turkish steel producer Kardemir, which opened its domestic sales for billets as per its new price list dated March 12, 2010, has closed its billet sales as of March 19, 2010.
On March 12, 2010, Kardemir opened its billet sales for S235JR grade (St 37) billets of 130 mm x 130 mm x 6-12 m size at the level of $550/mt ex-works, excluding VAT, and also opened billet sales for MT III-A grade billets of the same size at the level of $553/mt ex-works, excluding VAT. The producer has closed its billet sales as of today, March 19 after selling 26,000 mt.