Today, July 12, Turkish mill Kardemir has decreased its merchant bar prices by $50-80/mt compared to its previous price list on July 5, amid the recent VAT increase, the negative sentiment in the import billet segment and sluggish demand. The list prices are shown below.
Prices ($/mt) |
Price Change($/mt) |
|
IPE - NPI - NPU (160 - 200) (Std.) |
700 |
-50 |
IPE - NPI - NPU (220 - 300) (Std.) |
740 |
-50 |
IPE - NPI - NPU (320- 550) (Std.) |
820 |
-80 |
HEA / HEB (120-200) (Std.) |
745 |
-80 |
HEA / HEB (220-260) (Std.) |
820 |
-80 |
HEA / HEB (280 - 300) (Std.) |
835 |
-80 |
HEA / HEB (320-450) (Std.) |
860 |
-80 |
HEA / HEB (500) (Std.) |
875 |
-80 |
Prices on US dollar basis do not include 20 percent VAT.
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