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

Wednesday, 14 September 2022 13:58:07 (GMT+3)   |   Istanbul

Today, September 14, Turkish mill Kardemir issued its merchant bar prices after a long break, against the backdrop of higher production costs. The list prices are shown below.

The producer has announced its merchant bar prices on US dollar basis, mainly increasing them by $15/mt depending on the product and size, compared to its previous price list on Tuesday, May 31. According to sources, the producer succeeded in selling around 45,000-50,000 mt of merchant bar, though the final tonnage has not been confirmed by the time of publication.

Merchant Bar

Prices ($/mt)

Price Change($/mt)

IPE - NPI - NPU (160 - 200) (Std.)

910

+15

IPE - NPI - NPU (220 - 300) (Std.)

930

0

IPE - NPI - NPU (320- 550) (Std.)

990

+15

HEA / HEB (120-200) (Std.)

940

+5

HEA / HEB (220-260) (Std.)

995

+15

HEA / HEB (280 - 300) (Std.)

1,010

+15

HEA / HEB (320-450) (Std.)

1,035

+15

HEA / HEB (500) (Std.)

1,050

+15

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

* The prices are compared to May 31 this year.

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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