Most Turkish merchant bar re-rollers have cut their official equal angle export prices by $10/mt to $580-600/mt FOB, for February shipment over the past two weeks. Most buyers are exerting pressure for further discounts.
Even though the new EU quota period officially began on January 1, most buyers are in wait-and-see stance due to the uncertainties regarding CBAM.
The SteelOrbis Turkish import billet daily reference price stands at $465-490/mt, versus $458-485/mt two weeks ago.
| Product | Price ($/mt) |
| Angle | 580-600 |
| IPN-UPN | 590-610 |
| Flat bar | 610-630 |
| IPE | 590-610 |
All prices are on FOB basis and for February shipment.