According to market sources, demand for Turkish merchant bar in the export market is still slack, not having recorded any recovery over the past week, while prices have remained stable. Accordingly, Turkish steel producers’ merchant bar export prices are still at $350-390/mt FOB.
Export offers from Turkish merchant bar producers are at the following levels:
Product |
Price ($/mt) |
FOB |
|
Angle |
350-370 |
IPN-UPN |
360-380 |
Flat bar |
370-390 |
IPE |
360-380 |
All prices are on FOB basis and for February shipment.