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20 Dec
10:04

Kardemir struggles with wire rod, billet sales

Kardemir published a new price list and opened sales for billet and wire rod on Tuesday, Kallanish notes. 150mm square billet was kept unchanged from the previous list issued on 7 December at $600-605/tonne. Prices for 5.5-56mm diameter wire rod have decreased by $10/t to $670-730/t, from Kardemir's previous list on 14 December. Prices quoted are ex-works and exclude 18% VAT. Amid bearish sentiment, buyers' expectations for billet prices at ar…
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