TURKEY STEEL BILLET: Prices rise on rebound in scrap values

April 17, 2020 / www.metalbulletin.com / Article Link

Turkish billet prices increased during the past week due to rising imported scrap costs, sources said on Thursday April 16.

Fastmarkets' price assessment for steel billet import, cfr main port Turkey was $375-380 per tonne on Thursday, up $25 per tonne from $350-355 per tonne one week prior.

Suppliers in the Commonwealth of Independent States have tried to increase their offers to Turkey as the rebound continues in the deep-sea scrap import market. CIS billet suppliers raised their offers to $380-385...

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