According to the price list dated October 12, 2010, Turkish steel producer Kardemir has announced its basic pig iron and hematite pig iron prices for local sales.
Accordingly, the producer's local sales price of H1 is standing at $485/mt + VAT, while its H2 price is standing at $475/mt + VAT. Meanwhile, the producer's local sales price of C1 is standing at $460/mt + VAT, while its C2 price is standing at $450/mt + VAT.
All prices indicate a $35/mt decrease compared to the last price list announced on September 29, 2010.