Turkish steel producer Kardemir announced today, August 2, that it has increased its section steel prices by €10/mt. Accordingly, Kardemir's new section steel prices are as follows:
Product |
Size (mm) |
Quality |
Price (€/mt) |
NPI - NPU |
160 |
Standard |
535 |
NPI - NPU |
160 |
2nd grade |
510 |
IPE |
160 |
Standard |
545 |
IPE |
160 |
2nd grade |
520 |
IPE - NPI - NPU |
180 - 300 |
Standard |
580 |
IPE - NPI - NPU |
180 - 300 |
2nd grade |
555 |
IPE - NPI - NPU |
320- 550 |
Standard |
595 |
IPE - NPI - NPU |
320- 550 |
2nd grade |
570 |
HEA / HEB |
120-260 |
Standard |
595 |
HEA / HEB |
120-260 |
2nd grade |
570 |
The prices above are on ex-works basis and do not include 18 percent VAT.
Section steels shorter than 12 m are priced €75/mt lower than standard sections of 12 m length.
Kardemir's section steel sales are 25 percent on cash payment basis, with 25 percent each on 30-day, 60-day and 90-day deferred payment basis, and with no interest accruing due to payment deferral.