SteelOrbis has learned that
merchant bar offers from steel producers in the Iskenderun region of
Turkey to
Iraq have softened this week, just like rebar offers from the Iskenderun region to
Iraq. Accordingly, producers in the Iskenderun region are offering equal angles to
Iraq at $725-735/mt ex-works on actual weight basis and for June shipments.
While demand has generally remained strong in the Iranian market, market sources indicate that economic problems have led to postponement of
merchant bar purchases in the north of the country.