Turkish merchant bar export offers increase

Turkish merchant bar export offers increase

SteelOrbis has heard that Turkish mills offer equal angles for export at around $425-430/mt FOB on actual weight basis, while export offers for flat bars are at around $435-440/mt FOB on actual weight basis. The offers increased slightly due to the pick up in scrap prices. Domestic billet prices are expected to increase. If the expected increase comes true, the prices may rise further.