Over the past week, a few Turkish merchant bar re-rollers have cut their offers by $10/mt to $620-630/mt FOB, amid sluggish international demand and the negative sentiment in the import scrap segment. Currently, official ex-Turkey equal angle offers are mostly standing at $620-630/mt FOB, for late October-November shipment. Most international buyers are monitoring the import scrap price trend and taking their time before concluding new purchases.
The SteelOrbis daily Turkish billet import reference price is available at $500-520/mt, stable over the same period.
|
Product |
Price ($/mt) |
|
Angle |
620-630 |
|
IPN-UPN |
630-640 |
|
Flat bar |
650-660 |
|
IPE |
630-640 |
All prices are on FOB basis for late October-November shipments.