Over the past week, most Turkish merchant bar re-rollers have kept their official equal angle export prices unchanged at $590-610/mt FOB, for November shipment, amid sluggish international demand. While a few inquiries are heard from Latin America, Chinese merchant bar re-rollers are very active with their aggressive prices, a source mentioned. "International buyers do not seem not for a price hike yet," another source said. As a result, Turkish merchant bar buyers may focus just on the Balkans and the UK for now.
The SteelOrbis Turkish import billet daily reference price stands at $460-482/mt, versus $450-485/mt CFR last week.
| Product | Price ($/mt) |
| Angle | 590-610 |
| IPN-UPN | 600-620 |
| Flat bar | 620-640 |
| IPE | 600-620 |
All prices are on FOB basis and for November shipment.
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