Over the past week, most Turkish merchant bar re-rollers have kept their official equal angle export prices at $590-610/mt FOB, amid sluggish demand for October-early November shipment. However, most international buyers are exerting pressure for further discounts due to the negative sentiment in the import billet segment.
The SteelOrbis Turkish import billet daily reference price stands at $450-480/mt CFR, versus $460-485/mt CFR week on week.
| Product | Price ($/mt) |
| Angle | 590-610 |
| IPN-UPN | 600-620 |
| Flat bar | 620-640 |
| IPE | 600-620 |
All prices are on FOB basis for October-early November shipment.