Turkey’s Kardemir sells 76,000 mt of merchant bar to local market

Wednesday, 10 March 2021 17:56:01 (GMT+3)   |   Istanbul
       

Having opened its domestic profile sales earlier today, March 10, after a long break, Turkish mill Kardemir has closed its sales after receiving demand for approximately 76,000 mt of merchant bar at the list prices below. The producer had opened its previous merchant bar sales on December 1. The producer has added a size (highlighted in yellow) for IPE-NPI-NPU. Morever, a three percent discount for tonnages above 10,000 mt has been cancelled and the extras for all sizes have increased by TRY 40-90/mt compared to the previous list. Kardemir has not opened its billet, rebar and wire rod sales today.

Merchant Bar

Prices (TRY/mt)

Prices ($/mt)

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

5,625

740

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

5,700

750

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

5,775

760

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

5,700

750

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

5,815

765

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

5,890

775

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

6,125

806

HEA / HEB (500) (Std.)

6,275

826

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

$1 = TRY 7.60


Tags: Longs Turkey Europe 

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