Steel billet prices in Turkey increased over the past week in response to the rising cost of imported scrap, sources told Fastmarkets on Thursday December 12.
Suppliers of material from the Commonwealth of Independent States (CIS) raised their offers for Turkey to $420-425 per tonne cfr this week, up from $410-415 per tonne last week. However, buyers in Turkey prefer domestic billet at the moment, mainly because of the shorter delivery...