TURKEY STEEL BILLET: Prices increase with rising scrap costs

Turkish billet prices have increased over the past week, amid rising imported scrap values, but demand has remained limited due to high prices, sources said on Thursday November 8.

Suppliers in the CIS region were offering billet into Turkey at around $485-490 per tonne cfr, but customers in Turkey were not bidding any higher than $475 per tonne. Fastmarkets’ weekly price assessment for billet imports into Turkey on Thursday was $475-485 per tonne cfr, up from last...


Cem Turken

November 08, 2018

14:30 GMT