Billet exporters in Turkey offer material at high prices

Suppliers of Billet in Turkey increase prices for exports purposes on account of an upward trend in scrap offers.

Exporters have quoted Billet at $10-15/MT more to $530-545/MT FOB, which was being traded at US$520-535/MT FOB during the last week.

Though, there is no improvement in buying volumes of Billet, producers have raised offers due to high prices of the raw material, scrap. 


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