Over the past week, most Turkish merchant bar re-rollers have cut their official export prices by $10/mt on the higher end to $580-600/mt FOB. Currently, official ex-Turkey equal angle offers are standing at $580-600/mt FOB, for February-early March shipment.
A few merchant bar re-rollers are applying aggressive pricing policies to generate sales and are giving sizeable discounts for serious buyers only.
The SteelOrbis daily Turkish import billet reference price stands at $440-480/mt CFR, versus $450-475/mt CFR last week.
Product |
Price ($/mt) |
Angle |
580-600 |
IPN-UPN |
590-610 |
Flat bar |
610-630 |
IPE |
590-610 |
All prices are on FOB basis for February-early March shipment.
.jpeg)