Merchant bar prices in the Spanish domestic market have maintained their decline this week. It is heard that the producers are lowering their price levels in order to melt their high stock levels. The price levels of merchant bars in the Spanish domestic market are as follows:
Product | Price |
Angles up to 150 mm | €720-740/mt ($1,022-1,050/mt) |
UPN-IPN 80-100 mm | €770-790/mt ($1,093-1,121/mt) |
IPE 80-180 mm | €820-840/mt ($1,163-1,192/mt) |
All prices are delivered to customer, excluding VAT, on actual weight basis and with 15-30 days' deferred payment.
€1 = US$1.418