TURKEY STEEL BILLET: Ferrous scrap costs boost prices again

December 18, 2020 / www.metalbulletin.com / Article Link

Turkish billet prices have continued to increase over the past week with the support of improving scrap costs, sources said on Thursday December 17.

Offer prices for steel billet originating in the Commonwealth of Independent States (CIS) continued to move up for Turkish customers due to surging scrap costs and tight supply.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $428.86 per...

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