PRICING NOTICE: Proposal to discontinue Turkey export merchant bar price

Metal Bulletin is proposing to discontinue its weekly price assessment for Turkish merchant bar exports.

Merchant bar exports out of Turkey remained very limited through 2017 and the first half of 2018 and this situation is expected to continue.

Therefore, Metal Bulletin is proposing to discontinue its Turkey export merchant bar $ per tonne fob main port price assessment.

Assessment: Turkey export merchant bar $ per tonne fob main Turkish port
Dimensions: Thickness 50-100mm
Quantity: 1,000-10,000 tonnes
Location: FOB Turkey
Timing: 4-6 weeks
Unit: USD/tonne
Payment terms: LC, Bank transfer
Publication: Weekly. Thursday 2-3pm London time

The consultation period for this price discontinuation will end one month from the date of this pricing notice, on August 20, 2018, with changes taking place, subject to market feedback, from August 23, 2018.

All historical data relating to this price assessment prior to its suspension will remain available in the pricing section of the Metal Bulletin website

To provide feedback on this price or if you would like to provide price information by becoming a data submitter, please contact Cem Türken by email at: pricing@metalbulletin.com. Please add the subject heading ‘FAO: Cem Türken, re: Turkey merchant bar export price’.

To see all Metal Bulletin’s pricing methodology and specification documents go to https://www.metalbulletin.com/prices/pricing-methodology.html

What to read next
Fastmarkets has corrected its MB-ALU-0018 alumina index inferred, fob India, $/tonne; MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne; and MB-ALU-0020 alumina index inferred, fob Vietnam, $/tonne, which were published incorrectly from September 2 to September 9.
The publication of Fastmarkets’ aluminium billet North Europe assessments for Friday September 6 was delayed because of reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-MNO-0005 manganese ore high grade port index, fot Tianjin, China, which was published incorrectly on Friday September 6.
The publication of Fastmarkets’ manganese ore seaborne indices for Friday September 6 was delayed due to a technical error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its price assessment for MB-GER-0001 germanium dioxide, in-whs China, $ per kg, which was published incorrectly on Friday September 6.
The publication of MB-STS-0012 UK domestic 5C steel scrap prices for Friday September 6 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.