Turkey's merchant bar export offers have softened by $5/mt on the lower end as compared to last week, while demand has failed to register any improvement.
Accordingly, Turkish rolling mills are now offering angles for export at $635-650/mt FOB on actual weight basis. In addition, IPN-UPN are being offered at $635-650/mt FOB, flat bars are being offered at $645-660/mt FOB, 80-100-120 mm IPE is being offered at $655-670/mt FOB, 80-100-120 mm IPE A is being offered at $655-670/mt FOB and 80-100-120 mm IPE AA is also being offered at $655-670/mt FOB - all on actual weight basis, excluding VAT and for late May shipments.
