TURKEY STEEL BILLET: Prices drop in line with weakening demand

Steel billet prices in the Turkish markets have been weakening over the past seven days because of softening demand and the latest downturn in scrap prices, sources said on Thursday February 21.

Fastmarkets’ weekly price assessment for billet imports into Turkey was $450-473 per tonne cfr on February 21, down from last week’s $475-480 per tonne. Only one cargo from the CIS region to Turkey was heard sold earlier in the week, at $458 per tonne fob for 10,000 tonnes of billet, which would...

Published

Cem Turken

February 21, 2019

15:07 GMT

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