TURKEY STEEL BILLET: Prices driven down by negative sentiment, falling scrap costs

November 23, 2018 / www.metalbulletin.com / Article Link

Steel billet prices in Turkey have softened further this week under the influence of the negative sentiment created by falling prices for scrap and China-origin steel, sources said on Thursday November 22.

Fastmarkets' weekly price assessment for billet imports into Turkey was $460-465 per tonne cfr on Thursday, down from last week's $475-480 per tonne.The suppliers in the CIS region have reduced their offers to Turkey to as low as...

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