Ex-Turkey merchant bar prices indicate weakness

Turkey's merchant bar export offers have moved down by $10/mt since last week.
 
Accordingly, Turkish rolling mills are now offering angles for export at $640-650/mt FOB on actual weight basis. In addition, IPN-UPN are being offered at $640-650/mt FOB, flat bars are being offered at $650-660/mt FOB, 80-100-120 mm IPE is being offered at $660-670/mt FOB, 80-100-120 mm IPE A is being offered at $660-670/mt FOB and 80-100-120 mm IPE AA is also being offered at $660-670/mt FOB - all on actual weight basis, excluding VAT and for June shipments.