During the past week, demand for Turkish merchant bar in the export markets has remained slack. In parallel with the ongoing rises seen in global scrap and billet quotations in the same period, Turkish merchant bar export prices have increased by $50/mt week on week to the following levels:
Product | Price ($/mt) |
Angle | 500-510 |
IPN-UPN | 510-520 |
Flat bar | 520-530 |
IPE | 510-520 |
All prices are on FOB basis and for May shipment.