Following the sharp rises seen in import scrap prices in Turkey, Turkish merchant bar export prices are indicating an upward trend. On the other hand, demand for Turkish merchant bar in the international markets has failed to improve and is still weak.
Turkish merchant bar export prices are currently at the following levels:
Product |
Price ($/mt) |
Angle |
550-560 |
IPN-UPN |
560-570 |
Flat bar |
580-590 |
IPE |
550-560 |
All prices are on FOB basis and for November shipment.