Latest ex-CIS billet transaction prices in Turkey

SteelOrbis has learned from market sources that this week ex-CIS steel billet sales to Turkey are being concluded at $535-545/mt CFR, with reports of a transaction of 5,000 mt to Bartin, Turkey at $535-540/mt CFR and a transaction of the same size to Izmir at $542/mt CFR. In the meantime, there are also reports of ex-CIS steel billet offers to Turkey at $545/mt CFR. However, it is yet to be seen if demand for ex-CIS billet will continue in Turkey in the coming days.