TURKEY STEEL BILLET: Improving demand pushes up prices

Turkish steel billet prices increased in the week to Thursday April 8, thanks to buying interest from China and rising scrap costs, market participants told Fastmarkets.

Export billet prices from the Commonwealth of Independent States (CIS) were supported by rising buying prices for the material in Asia, particularly China this week.
And the suppliers in the CIS region were offering billet to Turkey at $600-605 per tonne cfr, while the bids from the Turkey were at $590 per tonne.

A CIS...

Published

Cem Turken

April 08, 2021

15:45 GMT

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