Over the past week, most Turkish merchant bar re-rollers have kept their official export prices unchanged at $610-630/mt FOB as most international buyers are on hold for the new purchases. Currently, official ex-Turkey equal angle offers are standing at $610-630/mt FOB, for late April shipment.
A few merchant bar re-rollers are even testing $640/mt FOB, depending on the size and the region. However, this level seems a bit high under the current market conditions.
The SteelOrbis Turkish import billet daily reference price stands at $470-495/mt CFR, up by $10/mt on the lower end week on week.
| Product | Price ($/mt) |
| Angle | 610-630 |
| IPN-UPN | 620-640 |
| Flat bar | 640-660 |
| IPE | 620-640 |
All prices are on FOB basis for late April shipment.