The export price of long steel products in Turkey remained stable, the import and export price of steel billet falling

1. The export price of long steel products remained stable

On March 31, 2022, the export evaluation price of deformed steel bar in Turkey was USD 970-980 / ton (FOB), and the weekly ring ratio remained unchanged; On March 31,2022, the export evaluation price of Turkish wire rod (mesh making grade) was USD 1000-1030 / ton (FOB), and the weekly ring ratio also remained unchanged.

According to Turkish market news, in the last week, the actual transaction of Turkish long steel products export orders was less, and the price remained stable. This week, the mainstream export price of rebar in Turkey is USD 970-980 / ton (FOB), and the transaction price of rebar orders to Europe is about USD 980 / ton (FOB).

2. The import and export price of steel billet falling

On March 31, 2022, the assessed import price of Turkish billet was 830-850 US dollars / ton (CFR), down 40-50 US dollars / ton on a weekly basis.

According to Turkish market news, Turkish buyers have ordered several batches of Russian billets in the last week, with a transaction price of USD 830-850/ ton (CFR), and the mainstream export quotation of Russian billets to Turkey in the last week is USD 840-860 / ton (CFR). At present, as overseas buyers are still trying to avoid Russian steel, Russian steel mills are also constantly reducing export quotations to attract buyers.

On March 31, 2022, the evaluation price of Turkey's billet export was USD 880-900 / ton (FOB), down USD 20 US / ton on a weekly basis. This week, the mainstream export price of square billets in Turkey is USD 900-920 US / ton (FOB), and the transaction price of a batch of exported square billets from a steel plant in northern Turkey is USD 880-885 / ton (FOB).

In addition, on March 31, 2022, the ex factory evaluation price of domestic square billet in Turkey was USD 900-920 / ton, and the cycle to cycle ratio remained unchanged.