Over the past week, most Turkish merchant bar re-rollers have been offering their official export prices at $620-635/mt, stable week on week. Currently, official ex-Turkey equal angle offers are standing at $620-635/mt FOB, for August shipment.
The SteelOrbis daily Turkish import billet reference price stands at $505-520/mt CFR, versus $505-517/mt CFR last week.
A few inquiries have been heard from the Balkans, while a few inquiries from elsewhere in Europe, specifically from Spain and the United Kingdom, have also been heard. However, the bid prices are close to $620/mt FOB, SteelOrbis has heard.
Product |
Price ($/mt) |
Angle |
620-635 |
IPN-UPN |
630-645 |
Flat bar |
650-665 |
IPE |
630-645 |
All prices are on FOB basis for August shipment.
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