Today, October 23, Turkish mill Kardemir has issued new merchant bar prices, with half of the product prices remaining stable and half of them falling by $10-25/mt on US dollar basis depending on the grade and size, against the backdrop of sluggish demand, as compared to its previous price list issued on Thursday, July 3.
According to sources, around 40,000 mt of merchant bar have been sold so far.
The list prices are shown below.
| Merchant Bar | Prices ($/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 | 0 |
| IPE(600) | 800 | -25 |
| HEA / HEB (120-200) (Std.) | 705 | 0 |
| HEA / HEB (220-260) (Std.) | 760 | -10 |
| HEA / HEB (280 - 450) (Std.) | 795 | -15 |
| HEA / HEB (500) (Std.) | 800 | -25 |
Prices on US dollar basis do not include 20 percent VAT.