TURKEY STEEL BILLET: Prices fall on lower scrap values, weak demand

August 06, 2021 / www.metalbulletin.com / Article Link

The prices of billet in the Turkish market have fallen in the past week because of the downturn in scrap values and soft demand, sources said on Thursday August 5.

Turkish steel producers resumed their deep-sea scrap bookings on Tuesday August 3 after a short break, taking advantage of lower prices.

Fastmarkets' index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was calculated at $455.81 per tonne on August 4, down from $468.33 per tonne...

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