Turkish rollers find ex-CIS billet offers on high side

SteelOrbis has learned from market sources that ex-CIS steel billet offers to Turkey are standing at $540-550/mt CFR. However, Turkish buyers are not showing interest even in the lower end of this price range. Referring to the sluggishness in the domestic market and lower prices, as well as the quietness in the export markets, Turkish rolling mills state that they will not accept prices above $530/mt CFR.