Decline in ex-Turkey merchant bar offers

Ex-Turkey merchant bar offers, which had trended sideways over the past two weeks, have declined by $5/mt this week amid the softening in import and domestic billet prices.
 
SteelOrbis has learned from market sources that Turkish rolling mills are currently offering angles for export at $630-640/mt FOB on actual weight basis. In addition, IPN-UPN are being offered at $630-640/mt FOB, flat bars are being offered at $640-650/mt FOB, 80-100-120 mm IPE is being offered at $650-660/mt FOB, 80-100-120 mm IPE A is being offered at $650-660/mt FOB and 80-100-120 mm IPE AA is also being offered at $650-660/mt FOB - all on actual weight basis and for October shipments.
 
It is possible to hear various offers depending on stock levels, region, shipment date and customer, and even lower prices from some rolling mills.