TURKEY STEEL BILLET: Prices down on weak demand

June 26, 2020 / www.metalbulletin.com / Article Link

Turkish billet prices have gone down over the past week because of poor demand and expectations of a downturn in the price for scrap feedstock, market sources said on Thursday June 25.

Fastmarkets' weekly price assessment for steel billet, import, cfr main port Turkey, was $380-385 per tonne on Thursday, down from last week's $385-395 per tonne.

Billet producers in the Commonwealth of Independent States (CIS) reduced their offers early this week because of the...

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