The mood in the CIS export billet market has turned positive because import scrap prices in Turkey continue to rise, which spurred Turkish customers' interest in imported billet last week.
On Tuesday November 6, Fastmarkets calculated the daily index for Northern European HMS 1&2 (80:20) at $332.85 per tonne cfr, up by $13.82 per tonne from $319.03 per tonne on October 5.The daily index for similar material from the United States into Turkey was calculated at $341.65 per tonne cfr, up by $14.51 per tonne from...