TURKEY STEEL BILLET: Prices fall on weak demand, downturn in Asia

Turkish billet prices have continued to weaken in line with the falling scrap and rebar prices, the downturn in the Asian markets and the weak demand for the material, sources said on Thursday December 6.

Suppliers in the Commonwealth of Independent States (CIS) region have lowered their offers to $445-455 per tonne cfr from $460-465 per tonne last week. Yet demand was still limited and no transactions from CIS to Turkey was heard over the past week, according...


Cem Turken

December 06, 2018

16:15 GMT