During the past week, Turkish mills’ billet offers to their domestic market have declined by an average of $15/mt to $510-520/mt ex-works. Market sources state that the downward movement of Turkish producers’ billet offers has been due to weak domestic billet demand as well as the lower import scrap quotations in Turkey. Additionally, according to the market sources, buyers’ firm bids for domestically produced billet are $10-15/mt lower than producers’ current offer range, while billet purchases in Turkey are not expected to accelerate before demand for Turkish long steel improves in both the domestic and export markets.