TURKEY STEEL BILLET: Increasing scrap costs, export rebar sales raise prices further

April 02, 2021 / www.metalbulletin.com / Article Link

Turkish billet prices have strengthened over the past week in line with improving finished steel and scrap values, market sources said on Thursday April 1.

Turkish steel mills paid slightly higher prices for scrap in the past week, following increasing rebar export sales into Southeast Asia.

Several steel producers were heard selling good tonnages to Southeast Asia at $625-636 per tonne fob on actual weight basis, compared with the sales at $620-625 per...

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