Today, April 27, Turkish mill Kardemir has cut its merchant bar prices sharply against the backdrop of the negative sentiment in the import scrap and billet segments. The list prices are shown below.
The producer has announced its merchant bar prices on US dollar basis, reducing them by $25/mt, compared to its previous price list on Friday, March 31.
Prices ($/mt) |
Price Change($/mt) |
|
IPE - NPI - NPU (160 - 200) (Std.) |
790 |
-25 |
IPE - NPI - NPU (220 - 300) (Std.) |
855 |
-25 |
IPE - NPI - NPU (320- 550) (Std.) |
940 |
-25 |
HEA / HEB (120-200) (Std.) |
865 |
-25 |
HEA / HEB (220-260) (Std.) |
945 |
-25 |
HEA / HEB (280 - 300) (Std.) |
960 |
-25 |
HEA / HEB (320-450) (Std.) |
985 |
-25 |
HEA / HEB (500) (Std.) |
1,000 |
-25 |
Prices on US dollar basis do not include 18 percent VAT.
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