Turkish billet prices have softened over the past week, with news of fresh export sales at lower prices confirming the downturn, sources said on Thursday May 2.
Fastmarkets' weekly price assessment for billet exports out of Turkey was $425-430 per tonne fob on Thursday, down from last week's $450-455 per tonne.A steel mill in northern Turkey sold 40,000 tonnes of billet to Saudi Arabia at $425 per...