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05 Apr

Kardemir billet sales struggle despite significant price reduction

Kardemir published a new price list and opened domestic sales for billet and wire rod on Wednesday, Kallanish notes. 150mm square billet was decreased by $40/tonne from the previous list issued on 22 March to $630-635/t. Prices for 5.5-56mm diameter wire rod have been decreased by $25/t to $725-765/t, from Kardemir's previous list on 30 March. Prices quoted are ex-works and exclude 18% VAT. Although Kardemir's billet prices remained below…
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Burcak Alpman  |  Turkey
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