The local Italian merchant bar market has been maintaining its sluggish situation. In line with the raw material prices, which have been slow for two weeks, no great amount of increase has been observed in the base prices in this market. Currently, the price levels of merchant bars sized 140 mm and below are in a range of €830-855/mt ($1,288-1,372/mt) ex-works, excluding VAT, on actual weight basis.
Merchant bar prices in the local Italian market depending on size, thickness, regions, and also on the sales price levels of traders (with previously taken positions) which are lower than the mills' prices, have this week been at the following levels:
Angles:
40-50-60 mm | €850-855/mt |
100 x 100 x 10 mm | €850/mt |
Flat bars:
25 x 10 - 20 x 10 mm | €840-855/mt |
20 x 5 - 50 x 5 mm | €840-845/mt |
120 x 10 mm | €840/mt |
Squares:
10-25 mm | €830/mt |
30-40 mm | €860/mt |
45-50 mm | €885/mt |
IPN-UPN:
80 mm | €860/mt |
100-120 mm | €850/mt |
IPE:
80 mm | €850/mt |
100-120 mm | €840/mt |
140 mm | €830/mt |
All prices are ex-works, excluding VAT, on actual weight basis and for two-to-three month deferred payment.
€1 = US$1.55