Merchant bar prices in the local Spanish market have been maintaining their downward trend. Demand is low, while stocks in the local market are currently at high levels.
As of today, the merchant bar prices in this market, depending on size, thickness and region, are at the following levels:
Angles:
40-50-60 mm |
€680-700/mt ($998-1,028/mt) |
100 x 100 x 10 mm |
€705/mt ($1,035/mt) |
Square bars:
10-25 mm |
€660/mt ($969/mt) |
IPN-UPN:
80 mm |
€770/mt ($1,129/mt) |
100-160 mm |
€750/mt ($1,099/mt) |
IPE:
80 mm |
€800/mt ($1,173/mt) |
100-180 mm |
€820/mt ($1,202/mt) |
All prices are delivered to customer, on actual weight basis, excluding VAT and for 15-30 day deferred payment. It should be taken into consideration that traders with previously taken positions may give offers at lower levels than the abovementioned prices.