Most Turkish merchant bar re-rollers have cut their official equal angle export prices by $10/mt on the lower end to $570-600/mt FOB, for February-early March shipment amid sluggish demand.
The general sentiment on the demand side is negative. Most international buyers are exerting pressure for further discounts.
The SteelOrbis Turkish import billet daily reference price stands at $470-495/mt, up by $5/mt over the past week.
| Product | Price ($/mt) |
| Angle | 570-600 |
| IPN-UPN | 580-610 |
| Flat bar | 600-630 |
| IPE | 580-610 |
All prices are on FOB basis and for February-early March shipment.