Despite the upward movement of global scrap and billet quotations, Turkish merchant bar export prices have remained stable over the past two weeks due to the weakness of demand as buyers want to avoid high inventories entering the new fiscal year.
Turkish merchant bar export prices are currently at the following levels:
Product | Price ($/mt) |
Angle | 460-480 |
IPN-UPN | 470-490 |
Flat bar | 480-500 |
IPE | 470-490 |
All prices are on FOB basis and for December shipment.