Today, May 31, Turkish mill Kardemir announced its merchant bar sales, closing them after receiving orders for around 113,000 mt. The list prices are shown below.
The producer announced its merchant bar prices on US dollar basis, raising them by $35-60/mt depending on the product and size compared to its previous price list on Thursday, February 10. Sources report that the supplier succeeded in selling a high volume due to the lack of supplies in the market and livelier demand for specific sizes and products.
Prices ($/mt) |
Price Change($/mt) |
|
IPE - NPI - NPU (160 - 200) (Std.) |
895 |
+60 |
IPE - NPI - NPU (220 - 300) (Std.) |
930 |
+35 |
IPE - NPI - NPU (320- 550) (Std.) |
975 |
+40 |
HEA / HEB (120-200) (Std.) |
935 |
+35 |
HEA / HEB (220-260) (Std.) |
980 |
+40 |
HEA / HEB (280 - 300) (Std.) |
995 |
+40 |
HEA / HEB (320-450) (Std.) |
1,020 |
+40 |
HEA / HEB (500) (Std.) |
1,035 |
+40 |
Prices on US dollar basis do not include 18 percent VAT.
* The prices are compared to Thursday, February 10.
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