TURKEY STEEL BILLET: Weakning scrap values weigh on billet prices

September 27, 2019 / www.metalbulletin.com / Article Link

The price of billet produced in Turkey has gone down over the past week in line with falling seaborne scrap costs, while import billet prices remain stable, sources said on Thursday September 26.

Fastmarkets' weekly price assessment for steel billet export, fob main port Turkey was $355-360 per tonne on Thursday, down from $370-380 per tonne fob last week.A steel mill in the Iskenderun region was heard selling some 10,000 tonnes of steel billet to North Africa at $358 per...

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