Over the past week, most Turkish merchant bar re-rollers have kept their official equal angle export prices unchanged at $610-630/mt FOB, for late June shipment, against the backdrop of sluggish demand. Most international buyers are still in wait-and-see mode and are exerting pressure for additional discounts.
The SteelOrbis Turkish import billet daily reference price stands at $450-490/mt CFR, versus $460-480/mt CFR last week.
Product | Price ($/mt) |
Angle | 610-630 |
IPN-UPN | 620-640 |
Flat bar | 640-660 |
IPE | 620-640 |
All prices are on FOB basis for late June shipment.