Some players in the local Turkish billet market are observed to be still inactive after the New Year holiday, while demand in the market has remained at low levels over the past week. Meanwhile, having taken advantage of lower import scrap quotations, Turkish billet mills have reduced their domestic offers by an average of $5/mt week on week to $425-435/mt ex-works. On the other hand, demand in the Turkish billet market has switched its focus to import transactions which are currently made at $420-430/mt CFR Turkey.