Electrode shortage sends Turkey import billet, scrap price gap to five-year high

Turkey's import billet price premium over imported scrap reached its highest level in more than five years in September, according to Metal Bulletin data.

This was driven by a shortage of graphite electrodes, used in electric arc furnaces (EAF), which triggered a shift by mills away from sourcing scrap towards billet.

Metal...

Published

Reginald Ajuonuma

October 02, 2017

12:47 GMT

London