TURKEY STEEL BILLET: Domestic, import prices dip on falling scrap costs

Domestic and import steel billet prices in Turkey have continued to fall over the past week amid lower scrap costs, sources said on Thursday April 2.

Turkish scrap import prices have fallen to their lowest in four years, as of March 30.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was $201.13 per tonne on Monday March 30, down from $241.63 per tonne a week ago. This is the lowest level of the index since March 7, 2016, when...


Cem Turken

April 02, 2020

16:35 GMT