Turkish merchant bar export prices are currently available at $790-800/mt, versus $800-820/mt FOB two weeks ago, amid the depreciation of the Turkish lira against the US dollar and sluggish international demand.
Most re-rollers are offering for January-February shipments. A few enquiries have been received from European buyers for the new round of EU quotas in 2022.
Most merchant bar re-rollers are willing to give small discounts on dollar-based export prices, though they are restricted by their higher production costs.
Turkish merchant bar export prices are currently at the following levels:
Product |
Price ($/mt) |
Angle |
790-800 |
IPN-UPN |
800-810 |
Flat bar |
820-830 |
IPE |
800-810 |
All prices are on FOB basis and for January-February shipment.
