TURKEY STEEL BILLET: Higher scrap costs and firm export demand push up billet prices

Billet prices in Turkey were slightly higher this week, with increasing scrap values and firm demand for Turkish billet in export markets, sources said on Thursday September 13.

Turkish producers raised their offers to $490-500 per tonne fob levels from last week’s $485-495 per tonne fob.

“Turkish mills sold around 300,000 tonnes of billet in the past two months, and this has supported the prices. Most...


Cem Turken

September 13, 2018

16:18 GMT