Turkish merchant bar export offers

Turkish merchant bar export offers

SteelOrbis has heard that Turkish mills offer equal angles for export at around $415-420/mt FOB on actual weight basis, while export offers for flat bars are at around $425-430/mt FOB on actual weight basis. With the increase in Euro/Dollar exchange rate, exports to the Europe have increased. The offer levels for exports do not indicate any changes as compared to the previous week. However; if there is an increase in the prices of billets Turkish rolling mills export from the CIS due to the winter conditions, there can be an increase in the merchant bar export prices.