Over the past two weeks, most Turkish merchant bar re-rollers have reduced their official equal angle export prices by $10/mt to $600-620/mt FOB, for July shipment, amid sluggish international demand. Most international buyers are taking their time before concluding new purchases.
The SteelOrbis Turkish import billet daily reference price stands at $455-485/mt CFR, versus $450-490/mt CFR two weeks ago.
Product | Price ($/mt) |
Angle | 600-620 |
IPN-UPN | 610-630 |
Flat bar | 630-650 |
IPE | 610-630 |
All prices are on FOB basis for July shipment.