Latest situation in Turkish billet market

Thursday, 12 June 2014 12:26:19 (GMT+3)   |   Istanbul
       

According to market sources, producers' prices in the Turkish domestic billet market have remained at $520-535/mt ex-works since last week, while transaction activity in the market has continued to be weak.
 
Meanwhile, ex-CIS billet offers to Turkey are at $511-515/mt CFR. Market sources report that there have been very few offers given from the CIS to Turkey over the past week. On the other hand, CIS producers have filled most of their order books for July production and this supports their strong stance on their prices.

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