Market sources state that demand for Turkish merchant bar in the export markets is at low levels at present as buyers consider current levels to be on the high side. Turkish merchant bar export prices have increased by an average of $25 month on month as a result of the rises seen in prices of scrap, billet and rebar.
Turkish merchant bar export prices are currently at the following levels:
Product | Price ($/mt) |
Angle | 490-510 |
IPN-UPN | 500-520 |
Flat bar | 520-540 |
IPE | 490-510 |
All prices are on FOB basis and for May shipment.