SteelOrbis has learned from market sources that Turkish merchant bar export offers have indicated no changes over the past week. Meanwhile, demand for ex-Turkey merchant bar is on the weak side and this sluggish activity will likely continue in the coming period due to Ramadan.
Export offers from Turkish merchant bar producers are at the following levels:
Product | Price ($/mt) FOB |
Angle | 615-640 |
IPN-UPN | 615-640 |
Flat bar | 630-650 |
IPE 80-100-120 | 645-670 |