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.