Turkish domestic and export prices for steel billet have increased over the past week because of rising imported scrap values in the country, sources said on Thursday February 13.
A few steel producers were heard selling billet to the local market at around $395-400 per tonne ex-works this week, which compared with offers as low as $390 per tonne last week."The billet prices in the local market have increased due to rising imported scrap values," a Turkish source said. "There have been some sales at slightly higher...