The latest billet export offers ex-Turkey are in a price range of $660-675/mt FOB Turkish port for late March shipments.
Most Turkish producers have been offering at the price level of above $670/mt FOB due to the further increase in scrap prices. However, there are some producers giving offers below the price level in question.
On the other hand, the price level of Grade 60 billet in the Turkish domestic market is at above $655/mt, excluding VAT.