No signs of a revival are currently seen on the demand side in the local Spanish merchant bar market.
Merchant bar prices in the local Spanish market, depending on size, thickness, regions, and also on the fact that some producers may sell at lower levels than the mills' prices in order to melt their stocks, have this week been at the following levels:
Angles:
40-50-60 mm |
€480-500/mt ($602-627/mt) |
100 x 100 x 10 mm |
€505/mt ($633/mt) |
Square bars:
10-25 mm |
€460/mt ($577/mt) |
IPN:
80 mm |
€600/mt ($752/mt) |
100-180 mm |
€585/mt ($733/mt) |
UPN:
100-160 mm |
€585/mt ($733/mt) |
IPE:
80 mm |
€640/mt ($802/mt) |
100-160 mm |
€625/mt ($784/mt) |
180-220 mm |
€640/mt ($802/mt) |
All prices are delivered to customer, excluding VAT, on actual weight basis and for 15-30 day deferred payment.
€1 = US$1.2536