Turkey’s Kardemir sells more than 65,000 mt of merchant bar

Thursday, 05 August 2021 17:41:45 (GMT+3)   |   Istanbul

Having opened its domestic profile sales earlier today, August 5, Turkish mill Kardemir has closed them after receiving orders for approximately 65,700 mt. The list prices are shown below.

The producer has recently started to announce its merchant bar prices on US dollar basis. According to the company’s statement, if the payment is in cash, there will be a 0.6 percent discount. In addition, if special length orders are given for profiles, the price extra will be $20/mt.

Merchant Bar

Prices ($/mt)

Price Change($/mt)

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

805

-45

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

850

-15

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

870

-4

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

850

-15

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

875

-5

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

890

0

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

915

-4

HEA / HEB (500) (Std.)

930

+1

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

* The prices are compared to Tuesday, May 18.

MelekDurmaz Aktaş
Melek Durmaz Aktaş
Editor
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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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Equal-Leg Angle

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