Turkish steel producer Kardemir has kept billet prices unchanged while reducing wire rod prices in its latest sales round, according to the company’s latest price list.
The company is offering S235JR grade billets at USD 535 per ton EXW, and B420 grade billets at USD 550 per ton EXW, both remaining steady from the previous sales round in early August.
However, Kardemir has lowered wire rod prices by USD 10 per ton compared to the prices announced on 14 August 2024. The company is now offering 5.5 mm SAE 1006 grade wire rod at USD 605 per ton EXW and 5.5 mm SAE 1008-1010 grade wire rod at USD 595 per ton EXW.
Founded in 1937, Kardemir is a major steel player in Turkey with a production capacity of 3.5 mln tons per year. The company’s product portfolio includes blooms, billets, rebars, profiles, and various other steel products, with manufacturing facilities strategically located in Karabuk.
