Turkish mill Kardemir sells 25,000 mt of merchant bar to local market

Thursday, 09 July 2020 11:15:34 (GMT+3)   |   Istanbul
       

Turkish mill Kardemir has kept its local merchant bar prices stable on Turkish lira basis over the past month,  while its prices on US dollar basis have decreased by $5-6/mt in the same period.

So far Kardemir has sold approximately 25,000 mt of merchant bar to its local market at the list prices below. Kardemir had sold approximately 40,000 mt of merchant bar at its previous list prices issued on June 9.

Merchant Bar

Prices (TRY/mt)

Prices ($/mt)

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

3,225

470

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

3,295

480

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

3,240

472

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

3,315

483

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

3,390

494

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

3,575

521

HEA / HEB (500) (Std.)

3,725

543

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

$1 = TRY 6.865


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