Export offers for billet from the Commonwealth of Independent States picked up again by the end of the week amid positive sentiment in the market.
Import scrap prices in Turkey have continued to grow, and - along with an expected rise in semi-finished and long steel prices in China after the Lunar New Year holidays - was the main factor for the optimistic mood of CIS suppliers.And the daily index for steel scrap, HMS 1&2 (80:20 mix), United States origin, cfr Turkey was $418 per tonne on the same day, up by $9.31 per tonne.
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