Turkish mills' merchant bar export offers have decreased due to the softening seen in billet prices. As of this week Turkish merchant bar export offers are as presented below. Meanwhile, the offers show some variation depending on stock levels and regions.
Accordingly, Turkish rolling mills are offering angles for export at $460-470/mt FOB on actual weight basis for April shipments. In addition, flat bars are being offered at $460-470/mt FOB, 80-100-120 mm IPE is being offered at $510-520/mt FOB, IPN-UPN are being offered at $470-480/mt FOB, 80-100-120 mm IPE A is being offered at $520-530/mt FOB and 80-100-120 mm IPE AA is being offered at $520-530/mt FOB - all on actual weight basis, excluding VAT and also for April shipments.
It should be taken into consideration that some mills may give offers below these levels depending on their stock levels.