Turkish merchant bar export offers move down

While demand for ex-Turkey merchant bar offers has continued to be slack as in previous weeks, concluded deals have continued to be for small tonnages. In the meantime, Turkish merchant bar export offers have indicated a decrease of $10/mt as compared to last week, while export offers for angles have dropped to $680/mt FOB.
 
SteelOrbis has learned from market sources that Turkish rolling mills are currently offering angles for export at $680-690/mt FOB on actual weight basis. In addition, IPN-UPN are being offered at $680-690/mt FOB, flat bars are being offered at $690-700/mt FOB, 80-100-120 mm IPE is being offered at $700-710/mt FOB, 80-100-120 mm IPE A is being offered at $700-710/mt FOB and 80-100-120 mm IPE AA is also being offered at $700-710/mt FOB - all on actual weight basis and for June shipments.
 
It is possible to hear various offers depending on stock levels, region, shipment date and customer, and even lower prices from some rolling mills.