SteelOrbis has learned from market sources that ex-Turkey merchant bar offers have weakened slightly as compared to early January, in line with the downward trend of raw material prices. Market sources state that demand has been decent and especially demand from the Middle East market has seen some improvement lately.
Export offers from Turkish merchant bar producers are at the following levels:
Product | Price ($/mt) FOB |
Angle | 530-550 |
IPN-UPN | 530-550 |
Flat bar | 560-570 |
IPE | 570-580 |