Silence prevails in local Turkish billet market

On March 9, Turkish producer Kardemir had opened its billet sales in the domestic market at the level of $625/mt + VAT, with transactions totaling 47,000 mt in the first week. However, even though its billet sales have remained opened for almost two weeks now, no new deals have been concluded.
 
This week in the Turkish domestic market, billet prices are at $620-630/mt ex-works, while silence prevails in the market. Market players have stated that mills have turned to their attention to the export market amid the low demand in their domestic market.