Over the past week, most Turkish merchant bar re-rollers have been offering their official export prices at $620-635/mt, stable over the past week. Currently, official ex-Turkey equal angle offers are standing at $620-635/mt FOB, for August-early September shipment. Slightly lower offers are on the table for serious buyers only.
The SteelOrbis daily Turkish import billet reference price stands at $495-515/mt CFR, versus $505-520/mt CFR last week.
Most European buyers are postponing their purchases due to the summer holiday.
Product |
Price ($/mt) |
Angle |
620-635 |
IPN-UPN |
630-645 |
Flat bar |
650-665 |
IPE |
630-645 |
All prices are on FOB basis for August-early September shipment.