Turkish mill Kardemir concludes local merchant bar sales

Wednesday, 08 April 2020 17:58:27 (GMT+3)   |   Istanbul

Kardemir sold approximately 26,500 mt of merchant bar to the local market from the following list prices.

Merchant Bar

Prices (TRY/mt)

Prices ($/mt)

IPE - NPI - NPU (160 - 300) (Std.)

2,970

438

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

3,040

448

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

2,985

440

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

3,060

451

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

3,135

462

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

3,320

490

HEA / HEB (500) (Std.)

3,470

512

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

$1 = TRY 6.78 

 

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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