According to the price list dated January 14, 2011, 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 $620/mt + VAT, while its H2 price is standing at $610/mt + VAT. Meanwhile, the producer's local sales price of C1 is standing at $595/mt + VAT, while its C2 price is standing at $585/mt + VAT.
The prices have indicated an increase of $15/mt as compared to the previous price list dated January 11, 2011.