A few Turkish merchant bar re-rollers have kept their prices unchanged at $600-610/mt FOB week on week, for April shipment, as most buyers are refraining from new purchases due to the unrest in the Middle East. In addition, a few merchant bar re-rollers are also taking their time to set up their offer levels due to uncertainties relating to shipping in the Middle East region.
Meanwhile, the SteelOrbis Turkish import billet daily reference price stands at $470-510/mt CFR, up by $5/mt over the past week.
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Product
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Price ($/mt)
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|
Angle
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600-610
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IPN-UPN
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610-620
|
|
Flat bar
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630-640
|
|
IPE
|
610-620
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All prices are on FOB basis and for April shipment.
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