TURKEY STEEL BILLET: Prices rebound with higher scrap values

February 12, 2021 / www.metalbulletin.com / Article Link

Turkish steel billet prices have increased this week in line with rising imported scrap values, which also triggered demand especially for exports, market sources said on Thursday February 11.

The country's steel mills resumed their deep-sea scrap bookings on Wednesday, raising prices by around $10 per tonne.
Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $396.04 per tonne on February 10, up by $9.83 per tonne day on day.

In response, Turkish...

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