Lower scrap costs push down Turkish domestic billet prices

Turkish domestic steel billet prices have inched down in line with the recent decrease in imported scrap prices, while import and export billet prices have remained comparatively steady, sources said on Thursday October 19.

Turkish long steel producer Kardemir opened its domestic billet sales at $495-510 per tonne ex-works on October 18 and had sold 90,500 tonnes by the close of business yesterday, Metal Bulletin was told. More than two-thirds of that total –...


Cem Turken

October 19, 2017

16:08 GMT