Market sources state that demand for Turkish merchant bar in the export markets is still at low levels, while Turkish steel mills have reduced their merchant bar export prices by $10/mt compared to the price levels recorded on April 6.
Turkish merchant bar export prices are currently at the following levels:
Product | Price ($/mt) |
Angle | 470-480 |
IPN-UPN | 480-490 |
Flat bar | 500-510 |
IPE | 470-480 |
All prices are on FOB basis and for April shipment.