Turkey’s Kardemir issues its merchant bar prices after a long break  

Tuesday, 15 November 2022 11:57:45 (GMT+3)   |   Istanbul

Today, November 15, Turkish mill Kardemir has announced its merchant bar prices after a long break, against the backdrop of 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, cutting them by $50-75/mt depending on the product and size, compared to its previous price list on Wednesday, October 26. 

Merchant Bar 

Prices ($/mt) 

Price Change($/mt) 

IPE - NPI - NPU (160 - 200) (Std.) 

775 

-75 

IPE - NPI - NPU (220 - 300) (Std.) 

840 

-75 

IPE - NPI - NPU (320- 550) (Std.) 

925 

-50 

HEA / HEB (120-200) (Std.) 

850 

-75 

HEA / HEB (220-260) (Std.) 

930 

-50 

HEA / HEB (280 - 300) (Std.) 

945 

-50 

HEA / HEB (320-450) (Std.) 

970 

-50 

HEA / HEB (500) (Std.) 

985 

-50 

Prices on US dollar basis do not include 18 percent VAT. 

MelekDurmaz Aktaş
Melek Durmaz Aktaş
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I graduated from Marmara University with a bachelor’s degree in Economics in 2006 and have a master’s degree in Msc Management at Southampton University in the UK right after my graduation. I have been in the steel industry since 2008. I cover the longs products in Turkey both internally and externally at SteelOrbis headquarter.

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