Ex-Turkey merchant bar export offers rise, market quiet

Thursday, 17 December 2020 16:27:14 (GMT+3)   |   Istanbul
       

Turkish merchant bar export offers have risen by an average of $75/mt over the past two weeks to $660-670/mt FOB for equal angles. The product is mainly available for late March-April shipments.

Turkish re-rollers are receiving inquiries from the European Union (EU), Latin America and North Africa. However, most buyers are refraining from new purchases due to the pre-holiday season and are not willing to order in stocks with extended delivery times for now.

Turkish merchant bar export prices are currently at the following levels:

Product

Price ($/mt)

Angle

660-670

IPN-UPN

670-680

Flat bar

690-700

IPE

670-680

All prices are on FOB basis and for late March-April shipment.


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