According to the price list dated June 13, 2012, 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 $525/mt + VAT, while its H2 price is at $515/mt + VAT. Meanwhile, Kardemir's local sales price of C1 is at $495/mt + VAT, while its C2 price is standing at $480/mt + VAT.
Prices have indicated a decrease of $20-25/mt as compared to Kardemir's previous price list dated May 16.