Today, January 21, Turkish mill Kardemir has issued new merchant bar prices, with a decrease of $ 10-25/mt depending on the grade and size, amid sluggish demand, as compared to its previous price list issued on Thursday, October 23.
The final tonnage has not confirmed by the time of publication. According to sources around 45,000 mt of merchant bar sale might be concluded so far.
The list prices are shown below.
| Merchant Bar | Prices ($/mt) | Price Change($/mt) |
| IPE - NPI - NPU (180 - 200) (Std.) | 665 | -15 |
| IPE - NPI - NPU (220 - 300) (Std.) | 675 | -25 |
| IPE - NPI - NPU (320- 550) (Std.) | 750 | -10 |
| IPE(600) | 790 | -10 |
| HEA / HEB (120-200) (Std.) | 680 | -25 |
| HEA / HEB (220-260) (Std.) | 750 | -10 |
| HEA / HEB (280 - 450) (Std.) | 785 | -10 |
| HEA / HEB (500) (Std.) | 790 | -10 |
Prices on US dollar basis do not include 20 percent VAT.
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