Turkish steel producer
Kardemir has opened its domestic
billet sales as per its new price list dated October 31, having previously closed its domestic
billet sales on October 21. Accordingly,
Kardemir has opened its sales for S235JR grade billets at the level of $363/mt ex-works, excluding VAT, and has also opened its sales for MT III-A grade billets at $368/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 price list issued on October 12, the producer has increased its
billet prices by $23/mt.