Turkish merchant bar mills’ export offers remain stable

Thursday, 08 August 2019 13:36:47 (GMT+3)   |   Istanbul
       

Turkey’s merchant bar export prices have remained stable during the past week, with angle prices at $500-520/mt FOB.

Meanwhile, as of August 8, Turkey has already used 40,191 mt of its 98,937 mt EU merchant bar quota for the new quota period which started on July 1. As a result, Turkey’s merchant bar sales to European countries are expected to continue for some time. 

On the other hand, it is heard that Turkish merchant bar producers are receiving weak demand from the Middle East and Africa market due to the approaching Feast of Sacrifice holiday.

Product

Price ($/mt)

Price change

31.07.2019

Angle

500-520

 

0

IPN-UPN

510-530

 

0

Flat bar

530-550

 

0

IPE

510-530

 

0

 

All prices are on FOB basis and for August shipment.

 


Most Recent Related Articles

Local Turkish merchant bar prices soften

Turkish mill Kardemir sells around 42,000 mt of merchant bar locally

Turkish merchant bar producers try to follow uptrend

Local Turkish merchant bar market quiet ahead of the holiday

Ex-Turkey merchant bar prices under pressure