TURKEY STEEL BILLET: Weak demand, falling long steel prices weigh on billet

Turkish billet prices have weakened over the past week in line with falling rebar and wire rod offers as well as poor demand, sources said on Thursday January 2.

Fastmarkets’ weekly price assessment for steel billet import, cfr main port Turkey was $410-420 per tonne on Thursday January 2, down from $415-425 per tonne last week.

Suppliers in the Commonwealth of Independent States have lowered their offers by $5 to $420 per tonne cfr this week, while the highest bids from Turkish customers...

Published

Cem Turken

January 02, 2020

14:33 GMT

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