TURKEY STEEL BILLET: Prices edge down with weaker scrap values

The Turkish steel billet markets have remained weak over the past seven days with limited sales and falling prices due to softer scrap costs, sources said on Thursday March 18.

Turkish deep-sea scrap import prices have been falling since late last week due to increased supplies.
Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $438.17 per tonne on March 17, down from $456.95 per tonne a week earlier.

In response to the downturn in scrap...

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