08
Mar
17:22
Turkish billet prices continue to rise
Turkish billet prices continue to rise strongly, buoyed by strengthening demand and its widening geography. The complete absence of CIS material in the Black Sea/Azov Sea basin is pushing all product prices up, while high energy costs are forcing long products manufacturers to close down hot-end production and seek semi-finished steel feedstock.
Turkish billet prices gained almost $100/tonne in the past week, with the latest sales clocked at $880-890/t fob Turkey …
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Anonymous
Very good overview of the weekly steel market.
Anonymous