Turkish merchant bar export offers

SteelOrbis has heard that Turkish rolling mills are offering equal angles for export at $570-580/mt FOB on actual weight basis for February shipments. Meanwhile, the export offers of the Turkish mills for flat bars are at $580-590/mt FOB on actual weight basis, also for February shipments. With the rise in scrap and billet prices, the expected increases in the export offers for merchant bars have been seen in January. There have been sales to Israel at $585/mt CFR Israel level this week; however, new offers are being given at levels above this price.