Turkish merchant bar export prices

During the past two weeks, demand for Turkish merchant bar in the export markets has remained weak. Despite the weakness of demand, Turkish merchant bar export quotations have moved sideways for the second consecutive week following the slight reduction recorded two weeks ago as no significant decline has been recorded in import scrap prices over the past month and given the increases seen in the Chinese billet quotations compared to one month ago.
 
Turkish merchant bar export prices are currently at the following levels:

All prices are on FOB basis and for September shipment.