Turkish billet export, import prices fall on soft demand

November 19, 2021 / www.metalbulletin.com / Article Link

Import and export prices for steel billet in Turkey have weakened over the past seven days, in line with limited demand and falling scrap import costs, market participants told Fastmarkets on Thursday November 18.

Turkish steel mills showed little interest in deep-sea scrap imports over the past week amid slow export sales.

Fastmarkets' calculation of the daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was $489.22 per tonne on Wednesday November 17, down from the $495.42 per...

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