Turkey scrap import prices support rebar, diverge from billet

摘要

Turkish steel export rebar and importscrap prices have strengthened so far thismonth, leading to weaker relative price trendsfor billet imports as market levels overall haveturned higher since the end of May, accordingto an analysis by S&P Global Platts Tuesday.The Turkey export rebar-centered markethas come through a slightly more volatilepricing period in May, with US steel importtariffs, and the extent to which these appliedto competing steel exporters being digested insteel and scrap markets.