SteelOrbis has learned from market sources that ex-Turkey merchant bar offers have remained unchanged over the past two weeks. In the current week, demand for Turkish merchant bar in the Middle Eastern and North African markets has revived, while Turkish producers' stocks are on the low side and they are accepting orders for delivery in the next 15-20 days.
Export offers from Turkish merchant bar producers are at the following levels:
Product | Price ($/mt) FOB |
Angle | 620-650 |
IPN-UPN | 620-650 |
Flat bar | 640-660 |
IPE | 650-675 |