Today, May 31, Turkish mill Kardemir has cut its merchant bar prices sharply amid the ongoing currency fluctuations and the unclear financial situation in the country. The list prices are shown below.
The producer has announced its merchant bar prices on US dollar basis, reducing them by $15/mt, compared to its previous price list on Thursday, April 27.
Prices ($/mt) |
Price Change($/mt) |
|
IPE - NPI - NPU (160 - 200) (Std.) |
775 |
-15 |
IPE - NPI - NPU (220 - 300) (Std.) |
840 |
-15 |
IPE - NPI - NPU (320- 550) (Std.) |
925 |
-15 |
HEA / HEB (120-200) (Std.) |
850 |
-15 |
HEA / HEB (220-260) (Std.) |
930 |
-15 |
HEA / HEB (280 - 300) (Std.) |
945 |
-15 |
HEA / HEB (320-450) (Std.) |
970 |
-15 |
HEA / HEB (500) (Std.) |
985 |
-15 |
Prices on US dollar basis do not include 18 percent VAT.