Turkish merchant bar export offers

SteelOrbis has heard that Turkish mills offer equal angles for export at $475-480/mt FOB on actual weight basis, while export offers for flat bars are at $485-490/mt FOB on actual weight basis. Merchant bar prices remained unchanged compared to previous week. Portugal, UAE, US and Moroccan markets are active. However, the expected increase in Turkish local billet prices may raise merchant bar prices as well.