During the past month, Turkish merchant bar export offers have softened further. Although price inquiries for Turkish merchant bar in the target markets have increased slightly after Ramadan, demand has failed to improve in the same period and is still at low levels.
Turkish merchant bar export prices have decreased by $7.5/mt in the period in question to the following levels:
Product | Price ($/mt) |
Angle | 410-430 |
IPN-UPN | 420-440 |
Flat bar | 430-450 |
IPE | 420-440 |
All prices are on FOB basis and for August shipment.