Turkish mill Kardemir’s billet prices

Tuesday, 20 August 2019 10:54:43 (GMT+3)   |   Istanbul

Turkish steel producer Kardemir has opened its domestic billet sales as per its new price list dated today, August 20.

Accordingly, Kardemir has opened its sales for 150 mm x 150 mm S235JR grade billets at the level of TRY 2,350/mt ($413/mt) ex-works, excluding VAT, and has also opened its sales for MT III-A grade billets at TRY 2,380/mt ($418/mt) ex-works, excluding VAT, with 25 percent on cash payment basis and with 25 percent each on 30-day, 60-day and 90-day deferred payment basis, and with no interest accruing due to payment deferral.

Compared to the previous price list, the producer has reduced its billet prices TRY 90/mt on Turkish lira basis, though prices on US dollar basis have moved down by $16/mt due to the fluctuation of the exchange rate.

$1 = TRY 5.69

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