As per its new price list dated October 20, 2009, Turkish steel producer Kardemir has opened its domestic sales for billets.
Accordingly, Kardemir has opened its sales for S235JR grade (St 37) billets of 130 mm x 130 mm x 6-12 m size at the level of $472/mt ex-works, excluding VAT, and has also opened its sales for MT III-A grade billets of the same size at the level of $475/mt ex-works, excluding VAT. According to previous price list, billet prices raised by $40/mt. The producer has closed its billet sales as of the same date after selling approximately 40,000 mt.
US$1 = TRY 1.45513