Turkish customers accepted price increases for billet because of the continuing uptrend in the sector, based on import scrap and local billet prices.
Fastmarkets’ daily index for
steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was calculated at $429.03 per tonne on February 22, up by $15.40 per tonne compared with Friday’s index.
And the daily index for steel scrap, HMS 1&2 (80:20 mix), United States origin, cfr Turkey, was $433.41 per tonne on the same day, up...
