The latest billet export offers ex-Turkey are in a price range of $700-710/mt FOB Turkish port for April shipments.
Turkish producers have been offering to the export market at price levels of above $700/mt FOB. However, it is heard that the mills are open to firm bids - due to the influence of developments in the scrap markets - at levels of above $690/mt FOB. On the other hand, EAF offers to the local market are at the price level of $680-700/mt ex-works.