Over the past week, most Turkish merchant bar re-rollers have cut their official equal angle export prices by $10/mt to $580-600/mt FOB, for May shipment, against the backdrop of weaker import scrap prices.
A few merchant bar re-rollers are testing above $600/mt FOB depending on the size and the region due to their ongoing bookings.
The SteelOrbis Turkish import billet daily reference price stands at $455-475/mt CFR, stable over the past week.
| Product | Price ($/mt) |
| Angle | 580-600 |
| IPN-UPN | 590-610 |
| Flat bar | 610-630 |
| IPE | 590-610 |
All prices are on FOB basis for May shipment.