TURKEY STEEL BILLET: Domestic, export prices down on sluggish demand

October 04, 2019 / www.metalbulletin.com / Article Link

Turkish domestic and export prices for steel billet have gone down amid soft demand over the past week, while import billet prices mostly remained stable, sources said on Thursday October 3.

Fastmarkets' weekly price assessment for steel billet, domestic, exw Turkey, was $360-375 per tonne on Thursday, down from the $380-390 per tonne of last week.Interest in the material was limited because of the weak finished long steel demand in both the export and domestic markets."Mills are already cutting production because of weak buying interest for long...

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