According to market sources, Turkish steel producers’ merchant bar export prices have remained stable week on week in the range of $370-410/mt FOB. Market players state that demand for merchant bar has decreased significantly in the export markets, being on the weak side due to the approaching New Year.
Export offers from Turkish merchant bar producers are at the following levels:
Product |
Price ($/mt) |
FOB |
|
Angle |
370-380 |
IPN-UPN |
380-390 |
Flat bar |
400-410 |
IPE |
380-390 |
All prices are on FOB basis and for January shipment.