SteelOrbis has heard that Turkish rolling mills are offering angles for export at $1,350-1,360/mt FOB on actual weight basis for August shipments. In addition, flat bars are being offered at $1,360-1,370/mt FOB, 80-100-120 mm IPE is being offered at $1,420-1,430/mt FOB, IPN-UPN are being offered at $1,360-1,370/mt FOB and 80-100-120 mm IPE AA is being offered at $1,430-1,440/mt FOB - all on actual weight basis and also for August shipments.
The levels of the Turkish mills' merchant bar export offers have this week softened mainly due to the sluggishness in demand. However, since Chinese origin merchants bars are being offered to the overall international market, difficult times for the Turkish exporters are still being observed.