TURKEY STEEL BILLET: Prices up on costlier scrap, tight supply in CIS

October 18, 2019 / www.metalbulletin.com / Article Link

Steel billet prices in the Turkish markets have increased over the past week because of rising scrap costs, sources told Fastmarkets on Thursday October 17.

Fastmarkets' weekly price assessment for steel billet, import, cfr main port Turkey, was $365-380 per tonne on Thursday, up from the $360-365 per tonne of last week.https://www.metalbulletin.com/My-price-book.html?price=36276Billet producers in the Commonwealth of Independent States (CIS) raised their export offer prices this week due to reduced availability and in response to the higher cost of scrap.The move came...

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