Over the past week, demand in the local Turkish billet market has decreased significantly and rolling mills have not made any bookings due to the weakness of long steel demand in Turkey. After domestic producer Kardemir concluded billet deals last week after opening its billet sales on Turkish lira basis for deferred payment, trading activity in local Turkish billet market has slowed down again. It is observed that domestic billet prices in Turkey have remained stable over the past week at $445-450/mt ex-works.