TURKEY STEEL BILLET: Falling long steel values push down prices

Turkish steel billet prices have gone down over the past week due to falling long steel values and limited demand, market sources said on Thursday June 24.

Turkish rebar and wire rod export prices have also been falling this week, which helped to drive the fall in values.
The steelmakers in Turkey lowered their billet offers for domestic buyers to $675-685 per tonne ex-works from last week's $685-700 per tonne levels.

A steel mill in...

Market sees gold sector nearing full value overall after target upgrades

Gold stocks gain even as metal pulls back

Gold stocks rocket to new highs, valuations no longer inexpensive

Tariff issue caused by potential definition change of traded gold bars

US BLS head removed after revisions to employment data