It is observed that buyers in the international markets are still concluding Turkish merchant bar purchases only in line with their needs, while Turkish merchant bar export prices have declined by an average of $10/mt since May 18.
Turkish merchant bar export prices are currently at the following levels:
Product | Price ($/mt) |
Angle | 480-500 |
IPN-UPN | 490-510 |
Flat bar | 510-530 |
IPE | 480-500 |
All prices are on FOB basis and for June shipment.