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Egyptian buyers set to return to Turkish billet export market
February 04, 2010 - 15:33 GMT
Location:
London
KEYWORDS:
ferrous scrap
,
rebar
Egyptian re-rollers and traders are expected to re-enter the Turkish billet market to replenish stocks for February production, Turkish market sources told MB
Small cargoes between 2,000 and 3,000 tonnes have been sold to Egyptian buyers. It is estimated that between 20,000 and 30,000 tonnes of billet was sold this week.
Turkish billet has been sold at $520-535 per tonne cfr Egyptian port...
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Euromoney Institutional Investor PLC.
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