Merchant bar prices in the local UK market

SteelOrbis has been informed that mills' prices for merchant bar of 140 mm and below sizes in the UK domestic market are varying in a range of ₤430-440/mt ($640-655/mt) ex-works, on actual weight basis, with 60-day deferred payment, excluding VAT. Merchant bar mills in the UK have this week increased their prices by ₤30/mt.