Turkish merchant bar export prices for equal angles have been reduced by an average of $20/mt to $655-685/mt FOB over the past week, due to weaker scrap prices and sluggish demand. Most Turkish merchant bar re-rollers are mainly offering for April shipments, while a few re-rollers are offering either for extended delivery terms or limited tonnages for end-of-March shipment.
Most international buyers are taking their time to evaluate offers in order to gain a better understanding of the import scrap and billet segments.
Turkish merchant bar export prices are currently at the following levels:
|
Product |
Price ($/mt) |
|
Angle |
655-685 |
|
IPN-UPN |
665-695 |
|
Flat bar |
685-715 |
|
IPE |
665-695 |
All prices are on FOB basis and April shipment.