TURKEY STEEL BILLET: Prices soften in slow market

The Turkish billet import market was very quiet this week, with demand for imported material still soft and the export and domestic markets also slow, sources said on Thursday April 4.

The suppliers in the CIS region decreased their offers to $455-465 per tonne cfr because of the poor demand and weakening scrap prices. Fastmarkets’ daily index for Northern Europe-origin HMS 1&2 (80:20) scrap, the feedstock for billet manufacture, was calculated at...


Serife Durmus

April 04, 2019

17:25 GMT