Sluggishness in Turkey’s merchant bar export markets, prices stable

Ex-Turkey merchant bar offers have continued to remain stable, while demand is still weak, with no significant activity observed for Turkish merchant bar in the export markets, apart from some transactions for small volumes.
 
SteelOrbis has learned from market sources that Turkish rolling mills are currently offering angles for export at $665-675/mt FOB on actual weight basis. In addition, IPN-UPN are being offered at $665-675/mt FOB, flat bars are being offered at $675-685/mt FOB, 80-100-120 mm IPE is being offered at $685-695/mt FOB, 80-100-120 mm IPE A is being offered at $685-695/mt FOB and 80-100-120 mm IPE AA is also being offered at $685-695/mt FOB - all on actual weight basis and for September shipments.
 
It is possible to hear various offers depending on stock levels, region, shipment date and customer, and even lower prices from some rolling mills.