TURKEY STEEL BILLET: Costlier scrap pushes up prices in all Turkish markets

摘要

Turkish billet prices rose over the past week on the back of rising imported scrap costs, sources said on Thursday December 5. Mills in the country have tried to reflect the increase of imported scrap feedstock prices in their billet offers. Local producers raised their billet offers for local market to $405-410 per tonne ex-works, from the last week’s $400-405 per tonne. Long steel producer Kardemir, in the Karabük region, opened its domestic billet sales on December 3 at $405-410 per tonne and sold almost 80,000 tonnes on the day, market sources said.