TURKEY STEEL BILLET: Prices down further on limited demand, cheaper scrap

The price of steel billet in Turkey has gone down over the past week because of limited demand and falling scrap costs, sources said on Thursday May 16.

Fastmarkets’ weekly price assessment for billet imports into Turkey was $420-430 per tonne cfr on May 16, narrowing downward from last week’s $420-440 per tonne. The price for CIS-origin billet has also gone down this week, with buyers continuing to insist on lower prices. A Ukrainian steelmaker was...

Published

Cem Turken

May 16, 2019

17:48 GMT

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