According to market sources, Turkish merchant bar export prices have decreased by $10/mt week on week, while demand in the market has been very weak. Market players state that Turkish merchant bar export prices will decrease further if the downtrend in import scrap prices continues.
Export offers from Turkish merchant bar producers are at the following levels:
Product | Price ($/mt) |
FOB | |
Angle | 475-485 |
IPN-UPN | 475-485 |
Flat bar | 495-505 |
IPE | 485-495 |