Today, July 3, Turkish mill Kardemir has issued its merchant bar prices, keeping some of its prices unchanged, while cutting other prices by $30-50/mt, depending on the grade and size, amid sluggish demand, as compared to its previous price list issued on Wednesday, April 9.
The list prices are shown below.
Kardemir has revised its merchant bar size range, with HEA/HEB (280-450) replacing both HEA/HEB (280-300) and HEA/HEB (320-450 mm) starting from this announcement.
| Merchant Bar | Prices ($/mt) | Price Change($/mt) |
| IPE - NPI - NPU (180 - 200) (Std.) | 680 | 0 |
| IPE - NPI - NPU (220 - 300) (Std.) | 700 | 0 |
| IPE - NPI - NPU (320- 550) (Std.) | 760 | -30 |
| IPE(600) | 825 | -50 |
| HEA / HEB (120-200) (Std.) | 705 | 0 |
| HEA / HEB (220-260) (Std.) | 770 | -30 |
| HEA / HEB (280-450) (Std.) | 810 | -35 |
| HEA / HEB (500) (Std.) | 825 | -50 |
Prices on US dollar basis do not include 20 percent VAT.
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