SteelOrbis has heard that Turkish rolling mills are offering angles for export at $810-830/mt FOB on actual weight basis for April shipments. In addition, flat bars are being offered at $820-840/mt FOB while NPI-NPU are being offered at $820-840/mt FOB, 80-100-120 mm IPE is at $875-890/mt FOB, and 80-100-120 mm IPE AA at $885-900/mt FOB, all on actual weight basis and also for late March/early April shipments.
In the Turkish merchant bar export market, while there is no big difference in offer prices this week compared to last week, the prices are still at high levels in export offers to Europe. Following the depreciation of the euro against the US dollar, the prices in question, already at higher levels for Europe, have increased even further. Prices in the Turkish export market may differ depending on whether the cost of transportation to the chosen domestic port will be reflected in the price by producers in the different regions in Turkey, or on whether the producers will use their own port.